Donghak Ant · KOSPI's highest level... Top 10 Stock Market News 2020

The phenomenon of'Donghak Ant' and the record high of KOSPI were selected as the top 10 news in the stock market this year.

The Korea Exchange selected and announced the top 10 news in the stock market this year based on the results of a survey by reporters.

This year, individual investors played an important role in breaking the record high through the largest net purchase ever.

In the past, individual investors, who often suffered losses after holding on to the volume of foreigners and institutions, showed a different appearance this year to promote themselves.

Until December 22 this year, the net purchase amount of the stock market by individual investors totaled 65 trillion won.

This is six times more than the previous maximum of 10,900 billion won in 2018.

Due to this impact, the average daily trading value in the stock market has increased to 22.7 trillion won, and the share of individual investors in stock trading has soared from 65% last year to 76% this year.

KOSPI fell to 1,457.64 on March 19, when the threat of Corona 19 increased in the first half.

However, the level of pre-Corona has recovered thanks to individual investors, the so-called'Donghak Ant' buying trend and global economic stimulus measures.

Eventually, the KOSPI reached a record high of 2,602.59 on November 23, after two years and ten months.

On December 24, it closed at 2,806.86, breaking through 2,800 for the first time.

As of December 24, the annual increase rate of the KOSPI was 27.7%, the highest among the 20 major countries (G20).

The reason is the growing expectations for an economic recovery and strong corporate performance, but there is also a discussion about whether it is a short-term overheating.

This year, as COVID-19 vaccines and treatments were a hot topic in the world, large-scale investments in public stocks focused on growing industries such as pharmaceuticals, biotechnology, and games.

The subscription margin for general investors for public offering stocks of SK Biopharm, Kakao Games, and Big Hit Entertainment, which were listed this year, amounted to KRW 31 trillion, KRW 58 trillion, and KRW 58 trillion, respectively.

Stocks As the stock price plunged due to the spread of Corona 19 in the first half of the year and market unrest grew, a ban on short selling for all stocks was enforced from March 16th.

Measures such as the ban on short selling were originally scheduled to be implemented for 6 months, but were extended until March 15 next year in consideration of concerns about re-proliferation of Corona 19.

On December 9, an amendment to the Capital Markets Act, which included system improvements to prevent illegal short selling, passed the National Assembly plenary session.

gold price The price per gram of gold in the KRX gold market

19 times this year due to abundant liquidity and increased demand for safe assets.