It was diagnosed as raising the stock price as personal financial assets flow into the stock market while household income stagnated due to low interest rates.
Hak-gyun Kim Shinyoung Securities[001720] The head of the Research Center made this analysis at the presentation on the theme of the’Capital Market CEO Conference in Commemoration of the KOSPI 3,000 Breakthrough’ held in the conference room of the Yeouido Exchange in Seoul hosted by the Korea Exchange and the Financial Investment Association on the 14th.
“Last year, our stock market rose the most among global countries, and the explosive inflow of funds from individual investors raised the stock price.” “He said.
“It is not money that fell from the sky, but the financial assets accumulated so far cannot beat the interest rate and enter the stock market.” It amounts to 1,931 trillion won,” he explained.
“The reason why Korean household income is stagnant is the sluggish self-employment and lower interest income due to low interest rates,” he said. “Investing in stocks is a good choice for asset growth.”
He added, “The only drop in the KOSPI for the third consecutive year was from 1995 to 1997 during the foreign exchange crisis, and there was no drop for the second consecutive year in the 2000s.” .
Lee Hyun-seung, president of KB Asset Management, emphasized, “The factors that led to KOSPI’s 3,000 are the increase in global liquidity, policies of each country, improvement of Korean companies’ performance and securing growth engines, and personal funds represented by the’Donghak Ant Movement’.”
He added, “The biggest reason that individual investors emerged as market subjects is to resolve the information imbalance between individuals, institutions, and foreigners,” he added. “Individuals obtained market information in real time through various channels such as YouTube and became a’smart ant’.” .
Kimshin SK Securities[001510] The president said, “Money toward the capital market can be of great significance to the growth of the Korean economy.” said.
He said, “If we go one step further, the capital market ecosystem can be activated by transfusion of adventure capital, which will lead to a virtuous cycle in the national economy.”
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