Alpha Signals

Alpha Signals

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.

Alpha Signals

Alpha Signals #001: Foreign Capital Bought Korea Today. It Just Wasn't the KOSPI.

Foreign capital net-sold KRW 5.13T from the KOSPI on July 2. But the top five foreign purchases add up to KRW 348.1B. Their combined KOSPI 200 weight is under 6 percent. What that composition tells you about the index.