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▲ On the morning of the 22nd, dealers are looking at a computer monitor in a dealing room at Hana Bank in Jung-gu, Seoul. |
[에너지경제신문 안효건 기자] With the KOSPI falling on the 22nd, individual investors were found to have traded in the opposite direction of the index movement over the past month. They bought the day the index fell and sold the day the index rose, but it is an analysis that the trading cycle of individuals has shortened as the recent correction market continued.
According to the financial investment industry on this day, individuals net bought 12 days and net sold 7 days in the securities market for 19 trading days from the 22nd of last month to the 19th.
This is the exact opposite of the exponential movement. During the same period, the index rose on the 7th and fell on the 12th.
On the day when the index rises, the opposite trade is continued, and on the day when the index goes down, the opposite is true.
This year, out of 33 trading days until the 19th of last month, the index rose on the 18th and declined on the 15th. During this period, individuals net bought the 24th, compared to the recent trend.
In the fluctuating market where the index rises and falls a lot above 1%, the strength of net selling and buying is stronger.
When the KOSPI surged by 3.50% on the 25th of last month, individual investors sold nearly 2 trillion won. The next day, when it plunged 2.80%, it acquired 3.7 trillion won worth.
Individuals sold 1.1 trillion won worth of sales on the 11th, as the index rose 1.88% this month. On the 19th, which fell 0.86%, it bought 1.6 trillion won worth.
As a result, stocks that were in the top of the net selling of individuals have risen to the top of net selling within a few days.
Kumho Petrochemical, who bought 40.8 billion won worth by individuals on the 15th, sold 45 billion won worth from the 17th to the 19th, two days later. On the 19th, Kumho Petrochemical ranked first in personal net selling.
On the 18th and 19th, Samsung SDI and Shinpoong Pharm, which were the top stocks in personal net buying on the 17th, ranked in the top net selling positions on the 18th and 19th, respectively.
Samsung Electronics is no exception.
On the 15th, it sold 200 billion won worth in one day after buying it for 390 billion won. On the 18th, it sold 260 billion won, and on the 19th, it bought 450 billion won. Samsung Electronics ranked first in net buying on the 15th and 19th, and first in net selling on the 16th and 18th.
On the other hand, as of 10:53 am on the day, the KOSPI is showing 3033.94, down 5.59p (0.18%) from the battlefield.
While individuals net bought 4997 billion won, foreigners sold 3706 billion won and institutions net sold 1369 billion won.
Among the top stocks by market cap, Samsung Electronics (0.24%), SK Hynix (0.36%), and Hyundai Motor Company (0.22%) are showing strong consolidation.
LG Chem (-3.01%) and Samsung SDI (-2.72%) are falling, while Naver (-1.62%) and Kakao (-0.1%) are also weak.