[K-Stock] Foreign Investors Turn Into Net Sellers, Shifting to Defensive Portfolio Stance

South Korea Market Update — May 28, 2026

Foreign portfolio managers shifted to net sellers on the KOSPI main board today, trimming positions in high-flying IT and automotive giants. Many funds are moving assets into defensive sectors such as utilities and consumer staples.

Key Takeaways: Market watchers attribute this shift to rising treasury yields and macroeconomic uncertainties ahead of upcoming U.S. economic data releases.