Samsung Electronics 7surged and leveraged ETFs drew in heavy buying after a buy-side sidecar
7In 10on the KOSPI and KOSDAQ, a buy-side sidecar was triggered, Samsung Electronics soared by 7%, and individual trading shifted toward inverse and leveraged ETFs. 7In 12on that day, ETF trading concentration was confirmed, and during the same period nuclear power-related stocks 800rose on expectations of power demand for semiconductor fabs worth trillions of won.
A buy-side sidecar was triggered on the KOSPI and KOSDAQ on 7The buy-side sidecar is a market safety mechanism that temporarily restricts buy orders when quotes surge sharply.10.
On the same day, Samsung Electronics 7soared, and semiconductor-related stocks as a whole showed strength. During the surge, sell and buy orders piled in heavily.
7In 12on that day, reports said trading in inverse and leveraged ETFs tied to volatility increased sharply. A concentration of individual investors’ trading was observed.
In the New York market, moves were detected to launch a leveraged ETF for SK Hynix ADRs. Interest in overseas-listed leveraged products was confirmed.
Nuclear power-related stocks 800rose on expectations of power demand needed to operate semiconductor fabs worth trillions of won. Stocks of companies related to power supply also rose together.
Meanwhile, some reports said the upward trend in target prices for the semiconductor sector had stalled, and that the outlook was mixed. A difference between target prices and forecasts was confirmed.
Following the KOSPI, a buy-side circuit breaker was also triggered on the KOSDAQ, sharply changing intraday trading patterns. Changes in trading volume in related stocks continued until the market close.