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 volume on the South Korean stock exchange reached a four-year high.

The average daily trading volume on the South Korean stock exchange in October rose to its highest level in over four years, driven by a strong market rally, with semiconductor stocks playing a leading role.

According to a report from the Korea Exchange, as of October 25th, the average daily trading volume on the market reached approximately 16.6 trillion won, the highest level since June 2021. This significant increase in trading volume was primarily driven by semiconductor stocks, thanks to the positive outlook for the global artificial intelligence (AI) industry and the memory chip market. The average daily trading volume of the two major players, Samsung Electronics and SK hynix, reached 4.59 trillion won, accounting for about 28% of the total market trading value.

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

Amidst the strong growth of the South Korean stock market, the total value of shares held by foreign investors on the KOSPI exchange has surpassed 1 trillion won. As of October 25th, the total value of shares held by foreign investors on the KOSPI reached 1.125 trillion won, accounting for 35% of the total market capitalization of 3.243 trillion won.

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

Experts believe that the strong net buying by foreign investors stems from positive confidence in the prospects of the global semiconductor industry, coupled with the South Korean government 's market-friendly policies.

Kim Young Il, research director at Daishin Securities, said that foreign investors' appetite for South Korean stocks has improved significantly as there is growing consensus that domestic stocks are undervalued compared to global markets. According to Kim, while South Korean businesses are expected to benefit from the boom in the AI ​​industry, the government's efforts to promote industrial and investment policies have attracted more foreign investors.

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