Supported by strong foreign investment buying, the South Korean stock market has risen to its highest level in nearly four years.

On July 29, Jin10 reported that, according to South Korean media, the South Korean stock market climbed to its highest level in nearly four years on Tuesday. The South Korean benchmark KOSPI index rose by 21.05 points, closing at 3230.57 points, with an increase of 0.66%, marking the fifth consecutive trading day of gains and refreshing the high since August 19, 2021. Under pressure from the approaching deadline for trade negotiations, the Korean stocks opened lower, but quickly rebounded driven by strong foreign capital purchases, maintaining an upward momentum. Foreign investors and institutional investors net bought stocks worth 604.78 billion won and 116.98 billion won, respectively, while retail investors net sold stocks worth 827 billion won.