Search results for KoAct Kosdaq Active
Finance
Kosdaq may mount comeback after sharp selloff, fourth straight day of gains
Sentiment in South Korea\'s Kosdaq market is shifting after repeated sharp falls. The index rose for a fourth straight session on Aug. 5, after dropping to the low 700s. Buy sidecar curbs on program buy orders were triggered for three consecutive sessions from July 31 to Aug. 4 for the first time. Analysts cite deleveraging in margin loans and renewed institutional buying, while cautioning it is too early to call a structural uptrend.
Finance
Foreign buying spurs Kosdaq active ETF debut as market shifts
Expectations are growing for a re-rating of South Korea\'s Kosdaq market as foreign investors who recently left the KOSPI pour into the secondary board amid government moves to tighten delisting rules. On March 10, the country\'s first Kosdaq active ETFs drew more than 1 trillion won in combined turnover on their debut. Active ETFs allow managers to pick stocks rather than track an index mechanically, and broader regulatory easing could further expand the market.
Finance
Samsung Active Asset Management lists KoAct Kosdaq Active ETF
Samsung Active Asset Management said on March 10 it has newly listed the KoAct Kosdaq Active ETF. It classifies the Kosdaq market into seven core growth drivers: bio, aerospace and defense, semiconductor materials, parts and equipment, robots, ESS and energy, AI software, and media, entertainment and consumer goods. The ETF plans to allocate 70 to 80 percent to high-growth stocks and 20 to 30 percent to undervalued value stocks.