Foreign Investors Dump Over 10 Trillion Won This Month... 5,000-Point Level Breaks [3-Min Brief]

[At a Glance]
1) AI bubble concerns... foreign investors net-sell more than 10 trillion won
2) Korean retail investors' overseas stock investments reach 45 billion dollars
3) Changes in retirement pension management... mandatory external funding alongside fund-type plans

MARKET INDEX : Year to date

○All three major New York stock indexes rebounded together.

○The Dow Jones Industrial Average topped the 50,000 level for the first time.

○Amazon fell as concerns over AI profitability persisted.

Top3 NEWS

■ Foreign investors dump over 10 trillion won this month... the 5,000-point level breaks again

○The KOSPI fell back below 5,000 points after four trading days.
○Foreign investors have been net sellers of more than 10 trillion won so far this month.
○If foreign selling continues, the correction could deepen.

■ Kept rising and finally surpassed even the National Pension Service... Korean retail investors' overseas stock investment reaches 45 billion dollars (Comprehensive)

○Last year, individuals' overseas stock investments amounted to about 45 billion dollars.
○This 45 billion dollars includes 31.4 billion dollars of direct individual investment plus investments made via institutions such as ETFs.
○Overseas stock investments have surged not only among individuals but across all investor groups.

■ Retirement pension structure to be overhauled... mandatory external funding alongside fund-type plans

○All workplaces will be required to accumulate retirement benefits with external financial institutions.
○For small and micro businesses, implementation will be phased in, taking their burden into account.
○Fund-type retirement pensions will be introduced and managed by professional trustee institutions.

Graphic News: Lent out money but cannot even collect interest... non-performing loans at the four major banks are on the rise

○Non-performing loans at the four major banks stood at 4.1994 trillion won at the end of the third quarter, up 32.2% year-on-year.

○Non-performing loans are increasing faster than total loans.

○The loan loss provision coverage ratio, an indicator of loss-absorbing capacity, plunged from 227% to 187%.

the Chart: Lotto tickets can now be bought lying down with your phone... "Up to 5,000 won per person, and not on Saturdays or Sundays"

○Mobile sales launched for the first time in 24 years.

○From noon on the 9th, purchases can be made via the mobile web.

○Purchases are limited to 5,000 won or less per person per draw.

Today's Key Schedule

○Domestic

○Overseas

08:50 Japan Current Account Balance (adjusted, December)

◇Lunchtime & Commute Weather

○Morning low: -8℃ (▲3℃) | Daytime high: 4℃ (▲2℃)
○Precipitation probability: morning 0% | afternoon 0%
○Fine dust: morning Good | afternoon Good

All set in 3 minutes: time-efficient and cost-effective economic news. Published daily at 8 a.m.