S. Korean retail investors sell over W1tr won in overseas stocks in 1st week of June

South Korean retail investors sold over 1 trillion won ($641 billion) worth of overseas stocks in the first week of June, data showed Sunday, suggesting their possible return to the local stock market amid record-breaking gains led by semiconductor shares.

Local retailers sold a net $793.67 million worth of foreign stocks from Monday through Friday, continuing their net selling streak that began in April, according to the data from the Korea Securities Depository.

The figure far surpassed the ne ...