Retail investors' net purchase of EV battery stocks total $11.25 bn this year
newscatcher
2023-08-14 05:31
Retail investors' net purchase of EV battery stocks total $11.25 bn this year
Individual investors in the South Korean stock market are confirmed to have invested nearly 15 trillion won ($11.25 billion) in secondary battery-related companies this year, which have sparked overheating concerns. However, with the prices of these secondary battery stocks dropping by over 20 percent from last month's peak, investors who jumped on the bandwagon of buying near the peak are estimated to have incurred valuation losses.According to the Korea Exchange on Monday, this investment is four times higher than the net purchases by individuals in the Kospi and Kosdaq markets combined, which amounted to 3.

https://n.news.naver.com/mnews/article/009/0005172454?sid=104

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