Retail Investors Snap up Record Amounts of Stocks in 1st Half

  • By Hong Jun-ki

    August 03, 2021 13:24

    Retail investors snapped up a record W72.2 trillion worth of stocks in the first half of this year, six times more than the previous record set in 2018, the Korea Exchange said Monday (US$1=W1,151).

    That would be enough to buy all the available shares of Internet portal Naver, the No. 3 listed company in Korea worth W71.2 trillion.

    People wait for their consultation at a brokerage in Seoul on Monday. /Newsis

    Retail investors mostly bought a handful of hyped stocks led by Samsung Electronics with W31.5 trillion, followed by SK Hynix with W3.9 trillion.

    But they suffered losses ranging from 4.1 percent to 9.4 percent as the stocks overheated.

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