00:00if you hold korean stocks or etfs today's numbers directly affect what you're sitting on it's thursday october 29th let's
00:07look at what this means for retail investors in korea here's what the numbers show the cost be closed at
00:12six thousand twelve point four four on wednesday up three hundred seventy four point one zero points or six point
00:19six three percent foreign investors switched back to buying after two sessions of heavy selling and institutions joined in individual
00:26investors on the other hand sold about one point
00:29eight trillion one worth of shares concerns about ai investment and the chip cycle eased sky hynix reported strong results
00:37and long-term demand that calmed fears about a memory peak analysts also pointed to buyback restarts as a support
00:44for the market here's the key number for individual investors sk hynix plans to buy back about twenty trillion one
00:51worth of its own shares from october 29th through january 28th analysts see that as a real support for domestic
00:58demand after recent
00:59buyback programs finish investor deposits rose back above ninety trillion one margin loan balances fell below thirty trillion one for
01:08the first time since early august that means less forced selling from leveraged positions it's a sign that pressure from
01:14borrowed money is easing starting in december the korea exchange will apply a new industry classification to the cosby 200
01:21and related sector indexes samsung sdi and lg electronics could face sell pressure from it linked etfs the
01:29it sector etf pool is about two point three seven trillion one while the new industrial sector etf pool is
01:37only six point six billion one that gap matters for the flow of money so what does this mean for
01:42retail investors holding korean etfs or individual stocks here's the practical take the buyback and cash signals point to near
01:50-term support but the sector reshuffle and margin
01:53and unwind suggests volatility around the december 10th options expiry treat the rebound as a test not a trend securities
02:00etfs have fallen roughly 53 percent from their may piece trading value dropped 38 percent quarter on quarter in the
02:07third quarter and several brokerages are reporting sharp profit declines security stocks tend to move like leveraged versions of the
02:14broader market so they can fall faster on the way down here's what to watch in the coming weeks first
02:19whether foreign buying continues
02:21second whether trading volume recovers third house gay hynix's buyback is executed in practice for now the message is simple
02:30the floor may be forming but confirmation is still needed that's today's ai prism retail investors this episode was produced
02:38with ai assistance based on sole economic daily reporting ai prism is a juan ifra award-winning series we'll be
02:46back tomorrow
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