[Photo] The 2020 Korean Stock Market Led by 'Donghak Gaemi'

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 ever, raising hopes that it will surpass 3000 next year. On the 11th, the Seoul Yeouido securities district was bustling late into the evening./Reporter Kang Jin-hyung aymsdream@

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