Korean Retail Investors Stormed the Buying of US Stocks Worth 2.6 Trillion Won in the First Week of November Amidst Sharp Decline in the Domestic Market.
4 Articles
4 Articles
(Seoul = Yonhap News) Reporter Kim Tae-jong = As the domestic stock market has been sluggish and recently plummeted, individual investors are further expanding the scale of their purchases of U.S. stocks...
Individual investors who turned to overseas stocks following the correction in the domestic market since July are facing a double blow due to the recent sharp decline in the U.S. stock market. Volatility in the U.S. market has increased as negative factors, such as concerns over the overvaluation of artificial intelligence (AI) and the U.S. midterm elections, have overlapped. In particular, as major indices and tech stocks, which were heavily pu…
During the first week of November, when the domestic stock market was significantly shaken, funds from individual investors flowed into the U.S. stock market. In just five days, the U.S. stocks purchased by domestic investors amounted to approximately 3 trillion won. In particular, buying pressure was concentrated on leveraged ETFs that track the daily fluctuation rate of the U.S. semiconductor index at three times the rate. According to SEIBRO…
Following the sharp decline in the New York stock market on the 5th (local time), the unrealized losses of Korean retail investors investing in U.S. stocks appear to have snowballed. It is estimated that the value of holdings evaporated in just one day exceeds 13 trillion won. According to SEIBRO, the securities information portal of the Korea Securities Depository, on the 6th, the estimated value of U.S. stock holdings by Korean retail investor…
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