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Reuters

South Korean day-trading 'ants' double down on stocks amid Iran war

Reuters · Older
Reuters
Reuters
Older

South Korea’s retail investors, known locally as "ants", have doubled down on the stock market despite its sharpest swings on record amid mounting economic and geopolitical uncertainty.

Breakdown
  • Retail investors in South Korea increased day trading despite market volatility. 36s
  • KOSPI index doubled in six months, peaking before the Middle East conflict. 56s
  • KOSPI suffered a record 12% daily drop, but investors kept buying stocks. 1m 4s
  • March trading volumes surpassed $27 billion daily for the first time. 1m 14s
  • Analysts warn ongoing war could hurt South Korea's export-driven economy. 1m 54s
StockmarketEconomy