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At a time when South Korea's local stock market is declining, Korean retail investors are increasing their investment in US stocks. In just five trading days, net purchases of US stocks were close to 3 trillion won, more than the full month of August. According to data from SeiBro, the securities information platform of the Korea Advance Clearing House on the 7th, the net purchase volume of US stocks by retail investors in South Korea reached US$2,197.53 billion from the 2nd to the 6th, or about 2.982 trillion won. This figure is higher than the net purchase amount of US$1,962.34 billion for the full month of August, more than double that of US$1,012.8 billion in September, which is equivalent to about 40% of the previous month's total of US$5.423.12 billion. In other words, the US stocks that investors bought within five trading days were close to the volume of the previous month.
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At a time when South Korea's local stock market is declining, Korean retail investors are increasing their investment in US stocks. In just five trading days, net purchases of US stocks were close to 3 trillion won, more than the full month of August. According to data from SeiBro, the securities information platform of the Korea Advance Clearing House on the 7th, the net purchase volume of US stocks by retail investors in South Korea reached US$2,197.53 billion from the 2nd to the 6th, or about 2.982 trillion won. This figure is higher than the net purchase amount of US$1,962.34 billion for the full month of August, more than double that of US$1,012.8 billion in September, which is equivalent to about 40% of the previous month's total of US$5.423.12 billion. In other words, the US stocks that investors bought within five trading days were close to the volume of the previous month.
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