Foreigners sell South Korean stocks for 4th month in April

SEOUL, May 16 (Xinhua) -- Foreign investors sold South Korean stocks for the fourth month in April on worries about an interest rate hike in the United States, financial watchdog data showed on Monday.

Foreigners offloaded a net 5.29 trillion won (4.1 billion U.S. dollars) worth of local stocks last month, according to the Financial Supervisory Service (FSS).

The foreign net sale of domestic shares stood