A recent analysis shows that the “capital offensive” of retail capital that previously supported the South Korean stock market is losing momentum, and foreign purchases will be the key to whether Korea's composite stock price index can rebound. If the war in the Middle East eases and international oil prices and long-term US interest rates stabilize, foreign capital is expected to return to the local Korean market. Kim Hak-kyun, head of the Shinyoung Securities Research Center, said at a press conference held at the Korea Exchange in Yeouido, Seoul on the 22nd that retail capital offset foreign sell-off pressure in the first half of this year, but it is difficult for the subsequent market to rely on retail capital to usher in a major turning point. He said, “Foreign investment's purchasing power will determine a completely different market supply and demand pattern in the second half of the year and the first half of the year.” Kim Hak-kyun combined undelivered transactions and margin loans to estimate the actual flow of capital: In August, retail capital had a net outflow of 13.5 trillion won from the Korean stock market. As of the 18th of this month, the total outflow of retail capital was 9.83 trillion won, and the average daily outflow scale has already exceeded the level of August.

A recent analysis shows that the “capital offensive” of retail capital that previously supported the South Korean stock market is losing momentum, and foreign purchases will be the key to whether Korea's composite stock price index can rebound. If the war in the Middle East eases and international oil prices and long-term US interest rates stabilize, foreign capital is expected to return to the local Korean market. Kim Hak-kyun, head of the Shinyoung Securities Research Center, said at a press conference held at the Korea Exchange in Yeouido, Seoul on the 22nd that retail capital offset foreign sell-off pressure in the first half of this year, but it is difficult for the subsequent market to rely on retail capital to usher in a major turning point. He said, “Foreign investment's purchasing power will determine a completely different market supply and demand pattern in the second half of the year and the first half of the year.” Kim Hak-kyun combined undelivered transactions and margin loans to estimate the actual flow of capital: In August, retail capital had a net outflow of 13.5 trillion won from the Korean stock market. As of the 18th of this month, the total outflow of retail capital was 9.83 trillion won, and the average daily outflow scale has already exceeded the level of August.