SEOUL, Sept. 17 (Korea Bizwire) — South Korean retail investors have snapped up Samsung Electronics Co. this year, sharply raising their stake in the global tech giant, industry sources said Thursday. Local retail investors had net bought 147 million shares in the world’s top smartphone and memory chip manufacturer this year as of Wednesday, according [...]
SEOUL, Sept. 2 (Korea Bizwire) — South Korean retail investors have net-bought more than 2 trillion won worth of shares in top-cap Samsung Electronics Co. over the past month amid massive selling by foreigners and institutions, data showed Wednesday. Individual investors’ net purchase of Samsung Electronics traded on the main stock market came to 2.01 [...]
SEOUL, June 28 (Korea Bizwire) — Investment funds in South Korea are suffering from a large outflow of cash in a sharp contrast to rising direct investment by individuals, financial industry data showed Sunday. Some 1,863 investment funds had 86.5 trillion won (US$71.8 billion) in assets under management as of Thursday, down 12.97 trillion won [...]
SEOUL, June 5 (Korea Bizwire) — Emboldened by a recent market bull run, South Korean retail investors are scrambling to borrow money to buy shares in anticipation of price gains down the road, data showed Friday. Outstanding margin loans to retail investors stood at 11.4 trillion won (US$9.3 billion) as of Wednesday, according to the [...]
SEOUL, May 11 (Korea Bizwire) — Individual investors accumulated 50 trillion won (US$41 billion) in stocks and stock investment deposits, holding greater influence over the benchmark index since the beginning of the year, data showed Monday. From Jan. 2 to May 8, retail investors bought a net 30.8 trillion won worth of local shares, 26.1 [...]
SEOUL, May 1 (Korea Bizwire) — Overseas stock purchases by South Korean retail investors jumped to a record high level in April amid signs that the coronavirus outbreak is slowing down, data showed Friday. Korean retail investors bought US$2.01 billion worth of foreign stocks from April 1-27, marking the largest overseas stock buying on a [...]
SEOUL, April 23 (Korea Bizwire) — Mobile trading has become a dominant investment tool in South Korea, propelled by retail investors’ stock rush, bourse operator said Thursday. The mobile trading system (MTS), or smartphone trading, took up the largest 47.6 percent of turnover in terms of trading tools from April 1-17, according to the data [...]
SEOUL, March 12 (Korea Bizwire) — South Korean retail investors have remained in a net buying mode this year despite a sharp drop in local stock prices, data showed Thursday. Individual investors have bought a net 14.3 trillion won (US$12 billion) worth of local stocks as of Wednesday this year, according to the data compiled [...]
SEOUL, March 6 (Korea Bizwire) — South Korean retail investors have rushed to fill in a stock market vacuum left by fleeing foreigners since the country confirmed its first coronavirus case in late January, data showed Friday. Individual investors’ net buying of local stocks reached upwards of 9 trillion won (US$7.6 billion) between Jan. 20, [...]
SEOUL, Dec. 26 (Korea Bizwire) — South Korean retail investors, spooked by a bearish run on the local stock market, almost doubled their investment in U.S. stocks this year on hopes for steady gains on the back of strong fundamentals in the world’s largest economy and progress in trade talks between Washington and Beijing, data [...]