Trading on South Korean stock exchange at 4-year high

VTV.vn - The average daily trading volume on the Korean stock exchange in October increased to its highest level in more than four years.

Trading on South Korean stock exchange at 4-year high

Average daily trading volume on South Korean stock exchanges rose to its highest level in more than four years in October, helped by a strong market rally led by semiconductor stocks.

The Korea Exchange reported that as of October 25, the average daily trading volume in this market was estimated at 16.6 trillion won, the highest level since June 2021. The sharp increase in trading volume mainly came from semiconductor stocks, thanks to the positive outlook of the global artificial intelligence (AI) industry and the memory chip market. The average daily trading volume of the two "giants" Samsung Electronics and SK hynix reached 4.59 trillion won, accounting for about 28% of the total trading value in the market.

Lee Kyoung Min, a market analyst at Daishin Securities, said the Korean stock market has largely reflected positive factors, including the US Federal Reserve's policy, the prospect of trade negotiations and the growth of AI. However, he also advised investors to focus on risk management.

Amid the strong growth of the Korean stock market, the total value of stocks held by foreign investors on the KOSPI has surpassed the 1 quadrillion won mark. As of October 25, the total value of stocks held by foreign investors on the KOSPI reached 1,125 quadrillion won, accounting for 35% of the total market capitalization of 3,243 quadrillion won.

Compared to the end of 2024, foreign holdings have increased sharply from 632 trillion won, equivalent to 32.2% of market capitalization. Foreign investors mainly bought large technology stocks such as Samsung Electronics and SK hynix, with holdings estimated at 305 trillion won and 204 trillion won, respectively.

Experts said the strong wave of net buying by foreign investors stemmed from positive confidence in the prospects of the global semiconductor industry, along with the market-friendly policies of the Korean government .

Kim Young Il, head of research at Daishin Securities, said foreign investors’ appetite for Korean stocks has improved significantly amid growing consensus that domestic stocks are undervalued compared to global markets. While Korean companies are expected to benefit from the AI ​​boom, the government’s efforts to promote industrial policy and investment have attracted more foreign investors, Kim said.

Source: https://vtv.vn/giao-dich-tren-san-chung-khoan-han-quoc-cao-nhat-4-nam-100251027085107297.htm