SEOUL, July 21 (Korea Bizwire) – Offshore investors have been on a buying streak for South Korean stocks, sending their market cap ratio in the main local bourse to a 14-month high, the Korea Exchange said Thursday, but analysts were divided on whether the rally will continue. Shares held by foreign investors as of Tuesday [...]
SEOUL, May 27 (Korea Bizwire) – South Korea’s main bourse on Friday said it will introduce a “kill switch” and other safety measures in its program trading platform next month to prevent investors from suffering losses from trading errors. A kill switch, also known as an emergency stop or e-stop, is a safety mechanism designed to [...]
SEOUL, May 17 (Korea Bizwire) – Shares in Samsung C&T Corp. have been on a downward curve since September when a merger of two major Samsung Group affiliates generated the construction-to-fashion holding company for Samsung Group, analysts said Tuesday. They attributed the fall largely to the company’s drop in overseas orders and sluggish domestic demand for [...]
SEOUL, May 16 (Korea Bizwire) – Foreign investors bought a net 2 trillion won (US$1.7 billion) worth of South Korean stocks last month due to a growing appetite for emerging-market assets, the country’s financial regulator said Monday. Foreigners continued to buy Korean stocks for the second consecutive month in April, bringing their accumulated holdings of [...]
SEOUL, April 25 (Korea Bizwire) – The Korea Exchange (KRX) will develop its own smart beta indices in partnership with Standard and Poor’s (S&P), one of the Big Three credit-rating agencies based in New York. The KRX revealed on April 24 that it clinched a deal with S&P in a joint venture to develop new [...]
SEOUL, Nov. 9 (Yonhap) – The exchange traded notes (ETN) market in South Korea has grown exponentially since its debut on the local stock market a year ago on the back of robust demand for less risky investment, the country’s main bourse operator said Monday. The average daily turnover of ETNs reached 42.1 billion won [...]
SEOUL, Sept. 22 (Korea Bizwire) – The local exchange traded notes (ETNs) market has been luring an increasing amount of investment, with its turnover surpassing the 40 billion won (US$33.9 million) mark for the first time since its launch, the stock market operator said Tuesday. The daily trading volume of ETNs reached a record 41.1 [...]
SEOUL, Aug. 31 (Korea Bizwire) — Foreign investors dumped shares of Samsung Electronics and SK hynix during their recent selling spree sparked by China’s stock rout and uncertainty over a U.S. rate hike, data showed Monday. Offshore investors unloaded 751.3 billion won (US$635.4 million) worth of Samsung Electronics shares between Aug. 5 and Friday, lowering their [...]
SEOUL, Aug. 6 (Korea Bizwire) – With the KOSPI stalling due to a series of poor earnings reports, short selling hit a record during July, hinting that investors have a negative outlook on the future of the Korean economy. According to the Korea Exchange on July 5, the average daily value of short selling in the KOSPI was [...]
SEOUL, Jul. 21 (Korea Bizwire) — South Korea opened a mini-sized futures and options market on Monday to offer investors wider choices for hedging and trading, hoping to revitalize the once-vibrant derivatives market with robust liquidity. The Korea Exchange (KRX) currently operates futures and options trading based on the KOSPI 200 index, a flagship index [...]