The Korean stock index at the Korea Exchange in Seoul. Photo: AFP/Jung Yeon-je

According to data released on Thursday, foreign investor holding of stocks listed on Korea’s KOSPI and KOSDAQ exchanges reached a record high of US$482 billion, reports Business Korea.

European investors led a surge of foreign purchases in April, which totaled US$1.2 billion. Foreign bond holdings recovered to US$88.43 billion, a level last seen in January 2016.