Seohak Ant buys 3 trillion won in U.S. stocks in first week of November amid sharp decline in domestic stock market (comprehensive)

As the domestic stock market has been sluggish and has recently plummeted, individual investors are further expanding their purchases of U.S. stocks.

According to Savero, the securities information portal of the Korea Securities Depository on the 7th, Seohak Ants' purchases of U.S. stocks from the 2nd to the 6th (based on the date of inquiry) amounted to $2.19753 billion (KRW 2.982 trillion).

This exceeds the amount of net purchases in the month of August ($1,962.34 million) and more than double the net purchases in September ($1,012.8 million).

In just one week, more than a month's worth of stocks were purchased. Compared to the net purchase volume in October ($5.42312 billion), it amounts to 40%.

Seohak ants net sold $468.93 million and $939.77 million, respectively, in the U.S. stock market in April and May, along with the government's policy of returning to the domestic stock market.

However, after returning to net buying last June, the size of purchases has recently been expanding. Net purchases last month were the largest in 11 months.

During the same period, net purchases by individual investors in the domestic stock market amounted to 4.2 trillion won, and the gap between individuals' investment in the domestic stock market and the U.S. stock market is narrowing.

This seems to be due to the fact that KOSPI has not been able to continue its bull market as it did in the first half of the year, and has been showing a sluggish downward curve for several months, and has recently continued to decline sharply.

In addition, the fact that the won/exchange rate, which was above the 1,500 won level, fell to the mid 1,300 won range, creating a favorable environment for investment in the U.S. stock market, is also considered a factor.

The most purchased US stock in November was by far SOXL, reaching $1.62525 billion. More than 70% of the total net purchase amount was poured into an exchange-traded fund (ETF) with 3x leverage on the U.S. semiconductor index.

Alphabet made a net purchase of $497.05 million, and also bought $222.22 million worth of ETF (PROSHARES ULTRAPRO QQQ), which tracks 3 times the daily return of the Nasdaq 100 index.

Investment in the U.S. stock market is also a factor in the decline in investor deposits, which are standby funds in the domestic stock market.

According to the Korea Financial Investment Association, as of the 5th, investor deposits amounted to 88.5338 trillion won, which has been below 100 trillion won for nearly a month since the 13th of last month.

The credit transaction loan balance, which is an indicator of 'debt investment' (investment by borrowing money), is 28.7715 trillion won, representing the 28 trillion won range.

Deposits and 'debt' increase in rising markets, but have not been able to escape the downward trend due to the recent falling market.

In the domestic stock market, the ETF with the most capital inflow from the 2nd to the 6th was TIGER 200, with 200 billion won. KODEZX KOSDAQ 150 leverage and TIGER CD interest rate investment KIS (synthetic) also inflowed KRW 144.4 billion and KRW 120.1 billion, respectively.

The ETF most purchased by individual investors was KODEX KOSDAQ 150 Leverage (KRW 373.5 billion), followed by KODEX Leverage [122630] (KRW 342.4 billion) and KODEX 200 [069500] (KRW 243 billion).