00:02It's Monday, September 28th. Here's what investors are watching in Korea today.
00:08NextTrade, Korea's alternative exchange is losing ground.
00:12Its market share slipped from 10.6% to 9.1%.
00:16Trading volume there fell 13%.
00:20The Korea exchange launched its aftermarket session,
00:23competing directly for late hours trading.
00:26NextTrade's share fell after that launch.
00:29NextTrade is considering adding tradable stocks, but the 15% rule constrains it.
00:35Here's what the numbers show.
00:3710.64% was NextTrade's market share in early September,
00:41falling to 9.10%, a drop of 1.54%.
00:47Trading volume fell about 13% over the same comparison.
00:52Adding more tradable stocks is the obvious response,
00:55but the 15% rule limits how far it can go.
00:59Separately, foreign investors net bought about 1.3 trillion won,
01:03roughly $957 million, of SK Square, SK Innovation, and Korean Air this month.
01:11Individuals net sold about 1.3 trillion won of the same names.
01:15So what does this mean for global market followers?
01:19Earlier, we said NextTrade's share dropped from 10.6% to 9.1%.
01:24Here's what that actually means for you.
01:27The exchange's aftermarket launch pulled late hours flow back to the main market,
01:32and NextTrade's growth now depends on adding stocks within the 15% rule.
01:37Foreign buying of the same shares individual sold shows institutional flow leading retail.
01:44NextTrade's market share data for the rest of the month.
01:47Whether NextTrade adds tradable stocks.
01:50Foreign net buying in SK Square, SK Innovation, and Korean Air.
01:56That's today's AI Prism Securities Daily.
01:59This episode was produced with AI assistance based on Seoul Economic Daily reporting
02:05and reviewed by a human editor.
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