KOSPI Hits Record Close as Retail Investors Buy 10 Trillion Won in Samsung Electronics

The KOSPI ended the 13th at an all-time high on a closing basis. Inside the market, however, foreign investors moved to take profits while retail buying concentrated in semiconductor stocks, especially Samsung Electronics. According to the original report, individual investors recently bought 10 trillion won, centered on Samsung Electronics. Retail interest, which was limited when the stock traded near 60,000 won, expanded as the market watched the approach of “300,000-won Samsung Electronics.” The number of declining stocks was more than twice that of advancing stocks, showing a gap between the record index and the broader market mood. The split between foreign selling and retail buying makes Samsung Electronics and semiconductor stock flows a key market factor. Source: mk.co.kr