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Korean Financial Markets on the First Day of President Lee Jae-myung’s Term

 On June 4, 2025, the first day of President Lee Jae-myung’s term, how did South Korea’s financial markets react? 1. Stocks The KOSPI index closed at 2,770.84 points, up 2.66% , while the KOSDAQ index rose 1.34% to 750.21 points. As the six-month government transition period came to an end, optimism surrounding President Lee’s administration and its ambitious goal of reaching a 5,000-point KOSPI fueled positive market sentiment. Investors responded accordingly, with foreign and institutional investors leading the net buying activity, whereas retail investors opted for profit-taking through net selling. The most heavily purchased stocks among f oreign and institutional investors were SK Hynix and KODEX Leverage ETF . Institutional investors’ purchases of KOSPI leverage ETFs signaled confidence in further market gains. Conversely, retail investors bought KODEX 200 Futures Inverse 2X ETFs, effectively betting on a stock market decline . This aligns with the common saying: "Buy on...