SEOUL, Sept. 10 (Xinhua) -- Foreign investors remained net sellers in the South Korean stock market for four straight months last month, central bank data showed Friday.

Foreign capital worth 4.45 billion U.S. dollars flowed out of the domestic stock market in August, according to the Bank of Korea (BOK).

The foreign fund outflow continued for the fourth consecutive month with the outflow of 8.23 billion dollars in May, 440 million dollars in June and 3.06 billion dollars in July.

It came as the COVID-19 resurgence showed no sign of let-up. In the latest tally, the country reported 1,892 more COVID-19 cases, with the daily caseload staying above 1,000 for 66 days in a row.

Foreign fund worth 1.56 billion dollars flowed into the local bond market in August. The foreign capital inflow into domestic bonds continued for the eighth straight month.

The August inflow was down from an inflow of 5.57 billion dollars in July as the BOK raised its benchmark interest rate to 0.75 percent from an all-time low of 0.50 percent last month.

Premium on credit default swap (CDS), which measures credit risk on the five-year government bonds, averaged 18 basis points in August, unchanged for the third consecutive month. Enditem

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