KOSPI 8000 Rally Draws Retail Investors as Individuals Absorb Foreign Selling

As the KOSPI advances in a rally framed around the 8000 level, Samsung Electronics and SK Hynix are leading the market and drawing more individual investors into stocks. According to the original report, cases such as a spouse opening a stock account for the first time in 46 years show that some individuals are breaking savings and installment deposits to invest. At the same time, debate among retail investors over overheating and when to exit is intensifying. Foreign investors reportedly net sold about 26 trillion won over six trading sessions, with individuals emerging as the buyers absorbing that supply. Expectations for further gains and caution over overheating are likely to keep fund flows in focus. Source: mk.co.kr