[Photo] 'Looking Forward to KOSPI Surpassing 3,000 in 2021...'

As the COVID-19 pandemic prolonged in 2020, it was the 'Donghak Ants' who supported the shaken stock market. This year, a craze among individual investors gave rise to the new term 'Donghak Ant Movement.' This expression likens domestic individual investors buying large amounts of Korean stocks against institutions and foreigners to the 1894 anti-foreign movement called the 'Donghak Peasant Revolution.' Since the KOSPI index surpassed 2000 in July 2007, it has been stuck in a trading range for 13 years and never approached the 3000 mark. On December 4, the KOSPI index exceeded 2700 for the first time in history, raising expectations that it will surpass 3000 next year. The photo shows the 'Bull Statue' in Yeouido, Seoul, symbolizing the steady bull market of the stock market. / Reporter Kang Jinhyung aymsdream@

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