Personal funds that entered the domestic stock market this year were estimated to have reached 16 trillion won in 10 days. It is a deposit for which individuals have bought or purchased stock, which is about 15% of the total individual funds invested in the stock market over the past year. According to the financial investment industry on the 14th, individual investors bought 11 trillion won worth of stocks from the 4th to this day, when securities trading began this year. Individuals net bought 9.3 trillion won in the KOSPI market and 2.230 trillion won in the KOSDAQ market. Waiting funds for stock purchases soared nearly 5 trillion won this year. At the end of last year, the investor’s deposit was 65.6 trillion won, but as of the 13th, it increased by nearly 4.5 trillion won to 70,139.6 billion won. Together, personal funds increased this year to 1,610 trillion won, which is 15.2% of the total individual funds added over the past year. In the past year, individuals have purchased a total of 6.7 trillion won worth of stocks, including 47.4 trillion won from KOSPI and 16.3 trillion won from KOSDAQ. Compared to the same period last year, the net purchase amount of individuals in January 2020 was KOSPI 4.4 trillion won and KOSDAQ 1.7 trillion won. The investor’s deposit was 28.700 billion won. While it is still in mid-January, the amount of investment has nearly doubled from the month of January of last year. In addition, while the KOSPI reached 3000, the domestic IPO market was reorganized from financial and manufacturing industries to information technology (IT) and biotech industries. According to the’IPO market trend in the era of KOSPI 3000′ analyzed by the Korea Exchange, the financial industry accounted for the largest share of 17.6% of listings before March 1989 when the KOSPI reached 1000. Until 2007, when the KOSPI exceeded the 2000 line, the share of service sector listings centered on film, broadcasting, and advertisements was only 3.7% before 1989, but at this time it increased significantly to 10.3%. Since then, until this year, when the KOSPI reached 3000, the listing of information technology (IT)-based companies such as Naver and Kakao increased in the IPO market. Accordingly, the service sector accounted for 22.8%, the largest share among newly listed companies. Bio companies’ listings also increased, and the proportion of the pharmaceutical industry from 3.3% in the previous period increased to 5.5%. KOSPI finished trading at 3149.66, up 1.37 points (0.04%) from the previous trading day. In the securities market, individuals and foreigners net bought 7209 billion won and 6719 billion won, respectively. The institution sold 1,4307 trillion won worth and continued net selling for 5 consecutive trading days. KOSDAQ closed at 980.29, up 1.16 points (0.12%) from the previous trading day. On the other hand, at the’CEOs’ Conference on Capital Markets Commemorating the Breakthrough of KOSPI 3000′ hosted by the Korea Exchange and the Financial Investment Association, it was diagnosed that household financial assets were inflow into the stock market while raising household income due to low interest rates. Kim Hak-gyun, head of Shinyoung Securities Research Center, said, “Last year, our stock market rose the most among global countries, and the explosive inflow of funds from individual investors raised the stock price.” Regarding concerns that the stock market has overheated recently, Na Jae-cheol, head of the Financial Investment Association, said, “I see it differently. It should be seen as a shift in the capital market paradigm so that our stock market is suitable for innovative and adventurous businesses.” Reporter Beomsoo Kim email@example.com
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