It turns out the foreign stock selling was British capital
Sigh...
I have to worry about Jensen Huang, and I also have to worry about the UK's pension tax reforms..
I thought the stock market would drop significantly today, but this seems like a decent defense.
It feels like the bad news isn't being treated as bad news, but...
Analysis of UK Net Selling Status and Causes
From January to September 2026, total foreign net selling in the domestic stock market was approximately 214 trillion KRW, of which British capital accounted for about 97 trillion KRW. Jang Morning +1 Of the net selling amount from British capital, approximately 76 trillion KRW was sold off during the four-month period from June to September, representing about 78% of the total net selling. Mer +1 The UK's inheritance tax reform includes provisions to include most unused pension assets and pension death benefits in the scope of inheritance tax, effective from April 6, 2027. Mer +1 There is an analysis that these institutional changes may trigger movements to adjust asset structures, as pension subscribers have a greater incentive to withdraw funds for living expenses rather than leaving them as pensions for inheritance purposes. Mer +1
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