[Overseas Funds Continue to Exit South Korean Stock Market, Net Sales Reach $75 Billion Year-to-Date] BlockBeats reports that on June 9, citing Goldman Sachs data via The Kobeissi Letter, global investors are selling South Korean stocks at an unprecedented pace. On Monday, foreign investors recorded a net sale of approximately $801 million in KOSPI (Korea Composite Stock Price Index) constituent stocks, following an outflow of around $10 billion the previous week. Data shows that overseas investors have been in a net selling position every trading day over the past month, bringing the total net sales of South Korean stocks by foreign investors to $75 billion year-to-date. Meanwhile, domestic retail and institutional investors in South Korea have collectively recorded net purchases of approximately $69 billion during the same period, continuously absorbing the selling pressure from foreign investors. The Kobeissi Letter notes that the South Korean stock market is undergoing a historic shift in capital flow patterns. [Original Link]