Alpha Signals #002: The Flow Inversion
KOSPI rose 17.91% on July 31 — the largest one-day gain on record. Retail sold a record KRW 10.38 trillion into it and foreigners absorbed 84.5%. Five weeks earlier the roles were exactly reversed.
KOSPI rose 17.91% on July 31 — the largest one-day gain on record. Retail sold a record KRW 10.38 trillion into it and foreigners absorbed 84.5%. Five weeks earlier the roles were exactly reversed.
KOSPI +0.46% | KOSDAQ -0.11% | Foreign cash sold SK Hynix KRW 207B (~$154M) and Samsung Electronics KRW 95B (~$70M) again today; the KOSPI opened at 6,938, touched 7,011, and closed at 7,004, a 0.10% give-back from the session high The Number That Matters Foreign
Hana Financial spent 99.9% of its KRW 250bn (~$183.5M) buyback and closed the window three weeks early; 1,885,706 shares now await cancellation on a date still to be set.
KOSPI +1.95% | KOSDAQ +4.48% | KOSPI opened at 6,814, closed at 6,971, 0.01 points below the session high of 6,971.36: foreigners and institutions bought in the same direction for the first time in four sessions, yet SK Hynix drew KRW 218B (~$160M) in foreign
Hyundai Mobis spins off its lamp division for a KRW 600bn (~$443M) sale to OPmobility SE, a price announced outside the filing. The appraisal price sits about 11% above the market, and claims above KRW 230bn (~$170M) let the board withdraw.