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Foreign net purchases of Samsung Electronics reach all-time high ...Middle East
Seoul: Foreign investors’ net purchases of Samsung Electronics stocks reached an all-time high last year on rising expectations of a recovery in the semiconductor industry, bourse data showed on Monday. Offshore investors scooped up a net 16.7 trillion won ($12.9 billion) worth of stocks of Samsung Electronics, the world’s largest memory chipmaker, last year, according to the data by the Korea Exchange (KRX). It is the largest foreign net buying of Samsung Electronics shares since the bourse operator KRX started to compile such data in 1999, reports Yonhap news agency. It is also the first time in four years that foreigners turned to net buyers of Samsung Electronics, the largest stock in t
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