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KRX holds online event for foreign investors to promote local stock market

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By Yonhap
  • Published KST
Officials from major financial institutions in Korea, including chairman of the Korea Exchange Jeong Eun-bo, first row third from left, attend an event to celebrate the benchmark KOSPI's surpassing of the 6,000-point mark at the bourse operator's building in Seoul, Wednesday. Joint Press Corps

Officials from major financial institutions in Korea, including chairman of the Korea Exchange Jeong Eun-bo, first row third from left, attend an event to celebrate the benchmark KOSPI's surpassing of the 6,000-point mark at the bourse operator's building in Seoul, Wednesday. Joint Press Corps

The Korea Exchange (KRX) held a virtual event Thursday to introduce to offshore investors Seoul's ongoing efforts to promote the local stock market that include various government policies and market reform measures.

Some 100 institutional investors from the Asia Pacific region, including those from Hong Kong and Singapore, attended the online event, according to the operator of the country's main bourse.

The KRX said it expects the event to help enhance foreign investors' understanding of and trust in the local capital market, ultimately expanding the grounds for more foreign investment.

The online event came a day after Korea's benchmark Korea Composite Stock Price Index (KOSPI) surpassed 6,000 points, becoming one of the world's best-performing stock indexes for the second year running.