Top 1% Investors Bought Samsung Electronics and LG Electronics as KOSPI Pulled Back From 8000

On May 15, South Korea’s stock market pulled back after confirming the KOSPI 8000 level, while top-performing investors tracked by Mirae Asset M Club concentrated early buying in major large-cap names. The group refers to Mirae Asset customer accounts with at least 10 million won in principal and returns in the top 1% for the previous month. Between 9 a.m. and 10 a.m., Samsung Electronics, LG Electronics, Hana Financial Group and SK Hynix were among the most heavily net bought stocks. Hanmi Semiconductor ranked 11th, while Samwha Capacitor, RFHIC and TMC also appeared on the list, representing telecom-equipment parts and semiconductor materials, parts and equipment names. The data showed that, during a volatile session, high-return investors’ buying moved toward market-cap leaders and adjacent semiconductor stocks. Source: hankyung.com