It was counted that ants bought more than 1 trillion won in Kakao stock amid concerns about big tech regulations.
According to the Korea Exchange, individual investors net bought Kakao stock worth 1.41.1 trillion won during the three days when the stock price of Kakao fell by 15.58% from the 8th to the 10th.
In particular, on the 8th, when the stock price plunged 10.06%, the daily individual net purchase amounted to 626.2 billion won, the highest in the history of Kakao’s individual daily net purchase amount.
Foreigners and institutions net sold 749.8 billion won and 292.9 billion won, respectively, for three days starting from the 8th, and individual investors have been able to receive it.
During the same period, individual net purchases of Naver (-7.76%) also reached KRW 490.6 billion, with Kakao and Naver taking the first and second places respectively in personal net purchases.
As the government and the ruling party recently started discussing regulations aimed at large online platforms in earnest, the stock price plunged, and it is interpreted that individual investors use this as an opportunity to buy at a low price.
[사진 출처 : 연합뉴스]