Leveraged ETF Trading Tops 1 Trillion Won Again as Samsung, SK hynix Surge

Trading in leveraged and inverse exchange-traded funds tied to Samsung Electronics and SK hynix surged past 1 trillion won ($721.03 million) again on Aug. 20 as sharp gains in South Korea's two semiconductor bellwethers drew record levels of investor activity. According to financial data provider Yonhap Infomax, combined trading value in 16 single-stock leveraged and inverse ETFs reached 1.06 trillion won on the day, up 35.2% from 781.6 billion won the previous session.

The surge followed sharp gains in the underlying shares, with Samsung Electronics rising 9.49% and SK hynix jumping 12.73%. Retail investors, however, used the rally to lock in profits, turning heavy sellers as the shares surged, while foreign investors remained net buyers of the SK hynix leveraged ETFs.

Brief written by urgent.news from BusinessKorea's own syndicated text. Machine-written — may contain errors; check the original before relying on it.