Samsung Electronics and SK Hynix Help Retail Investors Profit in Q1

In the first quarter of this year, eight out of ten retail investors who sold domestic Korean stocks realized profits. The gains came despite external shocks tied to fears of a U.S.-Iran war. Average profit was tallied at 8.48 million won, with Samsung Electronics and SK Hynix cited as the main drivers. The result shows that retail investors’ confidence in the two major semiconductor names translated into realized gains during a period of heightened overseas uncertainty. It also underscores how large-cap chip stocks had a major influence on individual investors’ trading results in Korea’s stock market during the quarter. Source: mk.co.kr