SEOUL, Sept. 7 (Xinhua) -- Foreign investors sold South Korean stocks last month amid worry here about the COVID-19 resurgence, financial watchdog data showed Monday.

Offshore investors offloaded a net 1.07 trillion won (901.1 million U.S. dollars) worth of domestic shares in August, after purchasing 582 billion won worth of local stocks in July, according to the Financial Supervisory Service (FSS).

The foreign selling came as the number of confirmed COVID-19 cases grew in triple digits since Aug. 14 owing to cluster infections in the Seoul metropolitan area linked to church services and a massive rally in central Seoul on Aug. 15.

The Middle East and U.S. investors were net sellers in the domestic stock market last month, but European investors bought local stocks worth 793 billion won.

Meanwhile, foreign net investment in local listed bonds amounted to 997 billion won in August. The net investment means foreign net purchase minus maturing debts.

The foreign ownership of domestic bonds reached 151 trillion won at the end of August, accounting for 7.5 percent of the total listed bonds. (1 U.S. dollar equals 1,187.43 South Korean won) Enditem

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