Retail investors unloaded more than 1 trillion won ($795 million) worth of Kospi stocks in May as the market continued to stay sluggish and central banks around the world push monetary tightening.
Retail investors have become victims of the latest embezzlement case involving Osstem Implant, Korea's largest dental implant manufacturer.
The number of stock investors jumped nearly 49 percent in 2020 from a year earlier amid a strong market run, industry data showed Tuesday.
The great pension fund stock-selling spree, which went on for more than 50 days, has finally ceased, but it is likely that these institutions will soon return to unloading shares again.
While the equity market has seen a surge of retail investors as the Kospi even went as high as 3,208.99 on Jan. 25, fund managed by financial experts are seeing an exodus of customers.
The Kospi was more volatile than all other major indexes, according to a report from the Federation of Korean Industries (FKI).
Individuals borrowing money to buy stocks and properties are worrying the regulators.
Retail investors' stock-related funds have risen by nearly 20 trillion ($18.2 billion) this year on the back of a surging stock market, industry data showed Thursday.
Small investors got their chance at the initial public offering by Big Hit Entertainment, creators of BTS, but their fervor didn't exactly reach a fever pitch — even though many were members of ARMY, as BTS fans are collectively known.
Retail investor deposits in the book-building exercise for Kakao Games hit almost $50 billion after two days. It is a new record for Korea.