00:02you're listening to ai prism from seoul economic daily if you're holding samsung electronics or a
00:09korea etf today's dividend day mattered more than usual samsung shares actually rose on their ex
00:17dividend date something they haven't done in six quarters individual investors were the ones buying
00:23while foreigners sold over 2.9 trillion won worth of stock meanwhile six small etfs are getting
00:30delisted this month and next for being too small if your korea etf holdings feel unfamiliar lately
00:36there's a reason it's wednesday september 30th let's look at what this means for retail investors
00:43in korea an ex-dividend date is the day a stock's price typically adjusts downward because the right
00:50to the upcoming payout has just expired and samsung electronics hit that date today after announcing
00:56a roughly 30 trillion won special dividend for the third quarter in the past six quarters samsung has
01:03always fallen on this specific day as investors who bought just for the dividend sold out afterward
01:09this time individual investors stepped in to buy the stock even as foreign investors sold aggressively
01:15across the broader market here's what the numbers show samsung electronics closed up 0.93 at 272 500
01:26won after dipping as low as 266 000 won earlier in the day breaking its six-quarter pattern of ex
01:34-dividend
01:34day losses individual investors bought a net 1.1432 trillion won of korean stocks today more than offsetting
01:43some of the 2.903 trillion won foreigners sold samsung's third quarter dividend works out to 4568 won per
01:53share 371 regular plus 4198 won special a yield of about 1.7 percent at current prices six small exchange
02:05traded funds are being delisted this month and next after their assets stayed below 5 billion won for over a
02:12month the threshold that lets fund managers wind them down korea's overall etf market has shrunk to 456.6
02:21trillion won in total assets down 13.6 percent from its record of 528.8 trillion won in june even
02:29though
02:30it's still 53.6 percent larger than at the end of last year gold prices dropped 9.4 percent over
02:37the past
02:38month to 183 940 won per gram even as global gold etfs pulled in 18 billion u.s dollars in
02:47august the
02:49second largest monthly inflow on record so what does this mean for retail investors in korea earlier we
02:56said today's dividend day mattered more than usual here's what that actually means for you if you hold
03:02samsung the actual size of its next shareholder return announcement due alongside october's earnings
03:08will matter more than today's single day move if you hold a smaller niche korea etf it's worth checking
03:15whether its assets are anywhere near that 5 billion won delisting threshold watch three things samsung's
03:23late october earnings and dividend announcement whether more small etfs get flagged for delisting in the
03:29coming weeks and whether foreign selling in korean stocks continues or reverses once u.s treasury yields
03:36stabilize that's today's ai prism retail investors this episode was produced with ai assistance based
03:44on seoul economic daily reporting and reviewed by a human editor ai prism is a won ifra award-winning
03:52series we'll be back tomorrow you've been listening to ai prism from seoul economic daily
