Input 2021.01.07 17:00 | Revision 2021.01.07 17:05
In the securities market on this day, individual investors began to realize profits, but’ant (individual investor)’ cannot be left out of 3,000 p. Although investing hard, individual investors who were called ants because they are smaller than foreigners and institutions have been called’Donghak ants’ since last year and exerted great influence in the domestic stock market.
The exchange said, “In the past crisis, such as the 2008 financial crisis and the 2011 fiscal crisis, individuals have shown net purchases during the downturn.” “As the new coronavirus (Corona 19) crisis, individual investors’ participation in the market became more active, The stock market funds have expanded significantly,” he explained.
The KOSPI index began to recover in the second half of last year. The U.S. and Europe have been affected by increasing liquidity worldwide by releasing policy funds to overcome Corona 19.
As the US dollar continued to weaken, the flow of funds to emerging countries, including Korea, also contributed to stimulating investment sentiment among individuals. Foreigners who aimed for gains in exchange rates joined the’buy Korea’ and helped the stock market rise.
Thanks to this, the individual buying trend has grown stronger. The stock population increased from 6.1 million at the end of 2019 to 10 million at the end of last year. Last year, individual investors net bought 47.900 trillion won in the securities market. This is more than 7 times higher than the previous maximum of 7 trillion won in 2018.
The average daily trading value of individuals in the securities market last year was 8 trillion won, an increase of 5.7 trillion won compared to 2019. The transaction weight was 65.8%, an increase of 18.3 percentage points (P) from 2019.
According to the exchange, individual investors actively participated in the stock market in 2007 through indirect investment through equity funds, but last year and this year, they are participating through direct investment. In addition, in 2007 and this year, the flow of’individual buying vs. institutional selling by foreigners’ is similar, but in the past six months, individuals are showing an overwhelming buying trend (21 trillion won).
② Waiting fund 68 trillion… “Enough additional upside”
Securities company customer deposits, which are considered to be potentially waiting funds to buy stocks, exceeded 68 trillion won as of the 6th. This is the highest level ever. Compared to the end of 2019, it has more than doubled.
As customer deposits continue to hit all-time highs, stock prices still predict further gains in the stock market. That’s because there is a lot of money on the market.
Kim Ji-san, head of the Research Center at Kiwoom Securities, predicted, “As customer deposits are at a considerable level, there are many waiting funds to enter the stock market, so the stock market could rise further.”
③ 19 trillion of credit loans… Bet on the stock market by paying debt
Individuals’ investment craze has also coined a new term for’invest in the soul’, an abbreviation of’invest by attracting even the soul’.
Individual investors started investing in stocks, even using credit loans. As of the 6th, the amount of personal credit transaction loans has reached close to 20 trillion won by combining the securities market (10,388 billion won) and the KOSDAQ market (9,916.8 billion won). This is also the best.
As reflecting this phenomenon, securities companies such as Samsung Securities and KB Securities, whose credit limit has been rapidly exhausted, have stopped providing credit services since the end of last year.
④ The new word’Tasangsangsang’ was born in the craze of public offerings
The public offering stock subscription market also enjoyed an unprecedented boom due to the investment craze from individual investors.
In the second half of last year, in line with the rise in stocks, a large number of public offering stocks such as SK Biopharm, Kakao Games, and Big Hit were born. Naturally, they became the targets of ants’ intensive attack.
SK Biopharm, which was listed on the securities market in July of last year, recorded a 323:1 competitive rate for public offerings for general investors. Margin amounted to 30.989.9 billion won, setting a record high. Listed SK Biopharmaceuticals has achieved’Dad Sangsang’ (three days in a row) beyond the so-called’Dad Sang (recording the upper limit after the initial price was doubled at the public offering price)’.
SK Biopharm’s record was updated by Kakao Games, which was listed on the KOSDAQ market in a month. 58,554.3 billion won was concentrated in this subscription. In October last year, Big Hit Entertainment, the agency of BTS (BTS), was listed. This also attracted 58,423.7 billion won of subscription margin.
⑤ Samsung Electronics, from 3 billion to 500 trillion in 46 years
With ants on its back, Samsung Electronics has been reborn as a company with a market cap of over 562 trillion won (including Samsung Electronics’ preferred stock market cap) after 46 years.
Samsung Electronics, which was a 3 billion won company 46 years ago, recorded a high of 84,500 won on the 6th. On June 11, 1975, Samsung Electronics listed 3 million shares (3 billion won) with a face value of 1,000 won on the Korea Stock Exchange (currently the Korea Exchange). The closing price was 1050 won (the current revised stock price was 56 won). At the time of listing, Samsung Electronics was established in 1969 and was just five years old.
In the stock market, the story of ‘110,000 electrons’ goes beyond ‘90,000 electrons’ and ‘100,000 electrons’ according to the’semiconductor super cycle (long-term boom)’. On the 5th, Hana Financial Investment raised the target price of Samsung Electronics to 110,000 won.
⑥ Samsung Electronics, which ranks first in favor of ants… 2 million minority shareholders
Personal funds too Samsung Electronics (005930)Was put in a lot.
Last year, individual investors net bought Samsung Electronics the most in both the securities market and the KOSDAQ market. The net purchase amount alone is 9,595 billion won.
2nd place in net purchases during the same period Samsung Electronics Woo (005935)Was. The net purchase amount is 6,101.3 billion won. Samsung Electronics Woo is a preferred stock of Samsung Electronics, which does not have voting rights and receives more dividends. Combined, it means that only Samsung Electronics stocks were bought by an individual investor worth 1.57 trillion won.
Samsung Electronics is becoming a’nationalist’. According to the financial investment industry, only minority shareholders (less than 1% stake) holding shares of Samsung Electronics are estimated to reach 2 million. Minority shareholders have steadily increased from 56,8313 at the end of 2019 to 136,4972 at the end of March last year, 145,4373 at the end of June, and 1.75 million at the end of September.