The stock was devastated, but only review until when… The reason why Jongtobang is so exciting

The Korea Equity Investors Association, an individual investor group, held a candlelight vigil on the evening of the 8th, demanding a ‘ban on short selling’ near the presidential residence in Hannam-dong, Seoul. / Photo = News 1

As the domestic stock market is falling day after day, voices calling for early investment in the stock market stabilization fund (security fund) are growing.

As of 1:03 pm on the 13th, the KOSPI recorded 2176.87, down 1.16% from the previous day, and the 2,200 line collapsed in one day. Foreigners and institutions net sold 13.9 billion won and 101.4 billion won, respectively, pulling down the index. It seems that the individual alone is buying 122.7 billion won worth of money and receiving the amount. Samsung Electronics (-0.18%), Samsung Electronics (-0.18%), the No. 1 market cap, Samsung Biologics (-1.59%), LG Chem (-2.54%), Samsung SDI (-2.30%), Hyundai Motor (-0.89%), Naver (-2.16%) ) and Kakao (-3.81%) are showing weakness one after another.

In the online stock community and stock discussion forums on the portal site, individual investors are posting a series of posts about the need for early investment in a 10 trillion won worth of securities fund. Investors said, “The market is devastated, how long will we only review it?” and insisted that “emergency measures, including a ban on short selling, are necessary.”

In this regard, Kim So-young, vice chairman of the Financial Services Commission, said the day before, “The security fund will be ready for operation by the end of this month.” .

By Park Byung-jun, staff reporter [email protected]

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