SEOUL, Feb. 8 (Korea Bizwire) — South Korea’s major securities firms are busy expanding their server capacity as the explosive growth in the number of retail investors often causes a delay in access to their mobile trading systems (MTS). NH Investment & Securities Co. restricted some of its online services on Saturday as part of [...]
SEOUL, Feb. 3 (Korea Bizwire) – South Korea’s financial regulator said Wednesday it will again extend a ban on stock short selling until May 2, amid growing calls from retail investors to prohibit the hedging practice. The extension of the ban, which had been set to be lifted on March 15, also came after politicians [...]
SEOUL, Feb. 2 (Korea Bizwire) — South Korea will closely monitor a potential increase in market volatility as investors’ herb behavior, illustrated in the U.S. GameStop case, could frequently occur, the vice finance minister said Tuesday. Global stock markets recently underwent high fluctuations after retail investors snapped up shares of U.S. video game vendor GameStop, [...]
SEOUL, Feb. 1 (Korea Bizwire) — Amid fanfare over a stock bull run, South Korea’s financial regulator is in a tight spot over whether to allow short selling as scheduled in March as more retail investors have demanded an outright ban on the trading tactics for a level playing field with institutional investors. With the [...]
SEOUL, Jan. 31 (Korea Bizwire) — South Korean retail investors snapped up a net 25.8 trillion won (US$23 billion) worth of local stocks in January alone, data showed Sunday, in the latest sign of their relentless buying spree. Individual investors bought a net 22.3 trillion won worth of stocks in the main market and a [...]
SEOUL, Jan. 26 (Korea Bizwire) — It will be another busy year for initial public offerings in South Korea as a slew of companies are rushing to debut on the local stock market amid a stock rally and strong appetite from retail investors, analysts said Tuesday. Companies ranging from bio, battery makers, fintech to games [...]
SEOUL, Jan. 25 (Korea Bizwire) — South Korean retail investors’ holdings of shares in electric vehicle leader Tesla Motors Inc. soared nearly 32 percent this year to cross the US$10 billion mark, data showed Monday. Local individual investors owned $10.33 billion worth of Tesla shares as of Friday, up 31.9 percent from the end of [...]
SEOUL, Jan. 17 (Korea Bizwire) — South Korean retail investors have emerged as deep pockets in the stock market, pouring in more than 100 trillion won (US$90.6 billion) since early last year, data showed Sunday. Individual investors net bought a combined 102.2 trillion won in local and overseas stocks from Jan. 2, 2019, to Friday, [...]
SEOUL, Jan. 11 (Korea Bizwire) — South Korean brokerage houses have slightly revised down their fourth-quarter earnings outlook for major listed companies amid the coronavirus pandemic, a market tracker said Monday. The combined operating income forecast for 164 major listed firms came to 32.7 trillion won (US$29.9 billion) for the October-December period as of Friday, [...]
SEOUL, Jan. 8 (Korea Bizwire) — South Korea’s three battery makers have been on a roll as investors swoop on them amid growing optimism for their future growth, industry sources said Friday. LG Chem Ltd, the parent of LG Energy Solution Ltd.; Samsung SDI Co; and SK Innovation Co. finished at record highs on the [...]