South Korea sees record trading volume driven by chip stocks
South Korea’s primary stock exchange recorded its highest daily trading volume in over four years this month as semiconductor companies drove a broader market rally. The Korea Composite Stock Price Index averaged 16.6 trillion won in transactions through Friday, surpassing the 16.9 trillion won mark last seen in June 2021.
Samsung Electronics and SK hynix accounted for 28 percent of total activity, with combined daily volumes reaching 4.59 trillion won. The two chipmakers saw their combined market value exceed 1,000 trillion won for the first time on Friday, as investors bet on growth in artificial intelligence and memory chip demand.
Trading frequency jumped to 0.54 percent from 0.42 percent the previous month, while volumes climbed 44 percent compared with September. Market analysts warned investors against aggressive buying amid pending trade discussions between Seoul and Washington, noting optimistic projections may already be reflected in current prices.
