1 hour ago
South Korean Retail Investors Pour $4.6 Billion Into U.S. Stocks as KOSPI Rout Deepens
FinanceStocksKorea Securities DepositoryKorean retail investorsKorean Stock MarketKOSPIleveraged ETFsSamsung ElectronicsSK Hynixsouth koreaU.S. stocksWall Street
TLDR: South Korean retail investors bought $4.6B of U.S. stocks in July, a 627% jump from June’s $633M total. The KOSPI remained about 33% below its June peak by Aug. 7 after posting its worst monthly fall since 2008. Samsung and SK Hynix drove about 76% of the KOSPI’s 2,257.8 trillion won market-value decline during [...]
The post South Korean Retail Investors Pour $4.6 Billion Into U.S. Stocks as KOSPI Rout Deepens appeared first on Blockonomi.
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