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Securities Team = Kospi, which has been’runaway’ for the new year, is heading towards a battle of strength with an institution that sells against the individual who sweeps stocks at the largest ever.
Accordingly, the direction of KOSPI, which once crossed the 3,200 line during the week of the 11th, is expected to be determined according to the outcome of the tug-of-war between individuals and institutions in the future.
According to the Korea Exchange, individuals net bought 4,4883 billion won in the securities market (KOSPI) on this day, exceeding the previous record of 2.2 trillion won (November 30). The maximum net purchase record was newly written.
In the new year, including this day, individuals took the lead in the KOSPI surge by sweeping a total of 6,229.7 billion won worth of stocks from the KOSPI.
Thanks to the explosive buying trend of individuals, the KOSPI jumped 9.57% in just six trading days of the new year, breaking through the 2,900 line, the 3,000 line, and the 3,100 line in order, showing off its’strength’, exceeding even the 3,200 line.
On the other hand, the institution also sold 3.77 trillion won worth of KOSPI shares on the same day, exceeding the previous record (1,973.4 billion won, December 29, last year), and set the daily record for net selling.
The agency emerged as the entity that controls the KOSPI index together with individuals, overtaking foreigners who net sold a total of 6.95 trillion won in the KOSPI until this day of the new year and net purchases of 511.5 billion won in the same period.
The reason why the stock market shows a face-to-face battle between institutions and individuals can be interpreted as the result of enormous personal funds being pushed into the stock market.
As the KOSPI surpassed 2,800 at the end of last year, it is clear that ants who have not participated in stock investment so far seem to be alienated from the’jackpot’.
In particular, as their buying trend is concentrated on Samsung Electronics, the representative stock of the Korean stock market, individuals have added a total of 4,4,15 billion won (US$3.76 billion) to Samsung Electronics’ common stock (3.79 trillion won) and Samsung Electronics (64.6 billion won). I bought it net.
This corresponds to a whopping 70.7% of the total net purchase amount of individuals during this period.
Myung-seop Song, a researcher at Hi Investment & Securities, said, “In a situation where individuals are leading the stock purchase trend, the number of individual purchases is focusing a lot on Samsung Electronics.” “The semiconductor industry is also improving faster than expected. I’m focusing,” he explained.
As a result, as the stock market surged for a short period of time and showed an unprecedented overheating pattern, stock market experts diagnosed that the institution is trying to sell in order to realize profits and adjust the proportion of the portfolio.
Kim Ji-san, head of Kiwoom Securities Research Center, said, “Since individuals are switching from indirect investment to direct investment, there is inevitably limited buying power for institutions.” “(Institutional selling tax) is the risk of short-term overheating along with the realization of profits from the recent surge. It is judged as a management level.”
Daeshin Securities Research Center head Jeong Yeon-woo also explained that the sale of the institution was “as a measure of the allocation of the share of assets due to the increased share of stocks,” and “On the one hand, it seems that the market is overheating in the short term.”
He predicted, “In the case of short-term overheating, the weight of the institution as an institution has no choice but to be reduced,” he said. “However, if the market is adjusted, it could lead to a buying trend.”
[연합뉴스]
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