According to Yonhap News Agency, the Korea Composite Stock Price Index (KOSPI) extended its gains on the 21st, triggering the buy-side mechanism for the first time in two months. The last time the buy-side mechanism was triggered was on August 20th. This month, the index has only triggered the sell-side mechanism twice, on the 13th and 15th, suggesting a shift in market sentiment. Foreign investors net bought 320 billion won, and institutional investors net bought 180 billion won, driving the index higher. However, individual investors net sold 980 billion won. In the KOSPI 200 futures market, foreign investors and institutions net sold 13 billion won and 484 billion won respectively, while individual investors net bought 394 billion won.
