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Seoul Stocks Likely to Move in Tight Range Next Week: Analysts

Seoul Stocks Likely to Move in Tight Range Next Week: Analysts

SEOUL, Oct. 16 (Korea Bizwire) — South Korean stocks are likely to move in a tight range next week as investors weigh the outlook for third-quarter corporate earnings and the Federal Reserve’s signal over tapering of its timeline for stimulus, analysts said Saturday. The benchmark Korea Composite Stock Price Index (KOSPI) closed at 3,015.06 points [...]

Stock Trading Soars 70.5 pct in 2020 amid Investment Craze

Stock Trading Soars 70.5 pct in 2020 amid Investment Craze

SEOUL, Sept. 17 (Korea Bizwire) — Stock transactions in South Korea spiked more than 70 percent in 2020 amid an investment craze among retail investors, data showed Friday. The value of stock trading in Asia’s fourth-largest economy stood at 35,397.3 trillion won (US$30.2 trillion) last year, up 70.5 percent from a year earlier, according to [...]

Trading of Blue Chip Stocks in Decimal Points Possible Next Year

Trading of Blue Chip Stocks in Decimal Points Possible Next Year

SEOUL, Sept. 14 (Korea Bizwire) — Starting from next year, retail investors will be able to buy blue-chip stocks costing tens of thousands of won per share in decimal points not only from foreign stock exchanges but also at domestic ones. The Financial Services Commission (FSC), the nation’s top financial regulator, announced that it had [...]

Retail Investors Double Their Stake in Samsung Electronics in 8 Months

Retail Investors Double Their Stake in Samsung Electronics in 8 Months

SEOUL, Aug. 19 (Korea Bizwire) — South Korean retail investors have doubled their stake in Samsung Electronics Co. in eight months amid foreigners’ selling spree, data showed Thursday. Local individual investors had net-bought 394 million shares in the global tech behemoth as of Wednesday this year, or 6.6 percent of its outstanding shares, according to [...]

S. Korea Set to Partially Lift Ban on Stock Short Selling After 14 Months

S. Korea Set to Partially Lift Ban on Stock Short Selling After 14 Months

SEOUL, April 29 (Korea Bizwire) – South Korea’s financial regulator is set to partially lift its ban on short selling of listed stocks starting next week, about 14 months after it imposed it to cope with a stock market rout triggered by the COVID-19 pandemic. Although retail investors have urged financial authorities to prohibit the [...]