Retail investors purchased KOSDAQ stocks exchange-traded funds during the week of the 17th to 24th, according to data from KOSCOM ETFCHECK released on the 27th. The buying activity occurred amid perceptions of excessive declines, with short-term rebound-seeking capital flowing into the market. The KOSDAQ index closed at 748.22 on the 24th, marking its lowest level since June last year, after recovering to the 1000 level early this year and exceeding 1200 in April before surrendering most gains.
KODEX KOSDAQ150 Leverage ETF Receives 165 Billion Won in Retail Inflows
KODEX KOSDAQ150 Leverage ranked first in retail ETF net purchases during the recent week (17th to 24th), with 165 billion won in inflows, according to KOSCOM ETFCHECK. KODEX KOSDAQ150 recorded 61.5 billion won in net inflows, placing it in the top 10. KODEX KOSDAQ150 Leverage returned -15.89% over the recent week, yet retail investors continued net buying.
KOSDAQ Index Records Lowest Close Since June Last Year
The KOSDAQ index closed at 748.22 on the 24th, the lowest level since June last year, according to the Korea Exchange. The index recovered to the 1000 level early this year and exceeded 1200 in April, but subsequently declined sharply, surrendering most of the gains.
Retail Investors Net Buy 813.7 Billion Won in KOSDAQ Market This Month
Retail investors net purchased 813.7 billion won in the KOSDAQ market from the 1st to 24th this month. Foreign and institutional investors net sold 589.3 billion won and 361.9 billion won respectively during the same period. A securities firm official stated that retail investors' preference for leverage products over general KOSDAQ ETFs indicates investment psychology weighted toward short-term rebound possibilities rather than confidence in market direction, reflecting perceptions that KOSDAQ approached bottom territory.
Analysts Cite Policy Focus on Market Trust Recovery and Venture Capital Formation
Securities industry observers noted that KOSDAQ entered an excessive decline zone and investor sentiment could gradually recover once policy effects materialize. Lee Jae-won, researcher at Yuanta Securities, stated, "The government's KOSDAQ policy focuses on market trust recovery and venture capital formation through structural improvement rather than short-term index support," adding, "Quality growth stocks with technology, growth potential, and liquidity could attract attention once policy effects are reflected."
FAQ
What did retail investors buy in the KOSDAQ market during the week of the 17th to 24th?
Retail investors purchased KOSDAQ ETFs during the week of the 17th to 24th, with KODEX KOSDAQ150 Leverage receiving 165 billion won in net inflows and KODEX KOSDAQ150 receiving 61.5 billion won, according to KOSCOM ETFCHECK data released on the 27th.
Why did the KOSDAQ index reach its lowest level since June last year?
The KOSDAQ index closed at 748.22 on the 24th after recovering to the 1000 level early this year and exceeding 1200 in April, then declining sharply and surrendering most gains, according to the Korea Exchange.
How much did retail investors net buy in the KOSDAQ market this month?
Retail investors net purchased 813.7 billion won in the KOSDAQ market from the 1st to 24th this month, while foreign and institutional investors net sold 589.3 billion won and 361.9 billion won respectively during the same period.
