KOSPI Individual Net Buying Surpasses 70 Trillion Won... National Stock Samsung Electronics Accounts for Half
[Asia Economy Reporter Dongwoo Lee] This year, the amount of net purchases by individual investors in the KOSPI market has surpassed 70 trillion won.
According to the Korea Exchange on the 19th, as of this date, the cumulative net purchase amount by individuals in the KOSPI market this year reached 70.1315 trillion won, exceeding 70 trillion won for the first time.
This already represents about 1.5 times the record high net purchase amount of 47.5 trillion won by individual investors in the KOSPI market last year.
Even on the day when the KOSPI fell below the 3,100 mark for the first time in four months, individuals countered the selling pressure from foreigners and institutions by net buying 820.9 billion won.
The stock most purchased by individual investors this year is the "national stock" Samsung Electronics, with net purchases amounting to 32.3293 trillion won since the beginning of the year.
The net purchase amount of Samsung Electronics preferred shares by individuals also reached 4.7774 trillion won, and combined with common shares, the total net purchase volume accounts for more than half of the entire KOSPI market.
Accordingly, the number of small individual shareholders of Samsung Electronics more than doubled from 2,153,969 at the end of last year to 4,546,497 as of the end of June this year.
However, Samsung Electronics' stock price fell 9.75% compared to the beginning of the year, significantly underperforming the KOSPI's fluctuation rate of 7.81% during the same period.
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Stocks with net purchases exceeding 1 trillion won by individuals this year include SK Hynix (5.5976 trillion won), Hyundai Mobis (3.1424 trillion won), Hyundai Motor (2.7123 trillion won), Kakao (2.3290 trillion won), LG Electronics (1.5175 trillion won), and SK Innovation (1.3956 trillion won).
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