South Korean stocks exceed 60% volatility, surpass Bitcoin

South Korean stocks have recorded over 60% volatility this year, outpacing Bitcoin. The volatility is largely attributed to Samsung Electronics and SK Hynix, whose shares surged due to the AI boom. These two companies now represent more than 50% of the Kospi's market capitalization. Collectively known as 'Samjeonix,' their market value remains dominant within the Kospi, increasing further when including listed affiliates. Additionally, South Korean retail investors, often referred to as 'ants,' tend to seek high returns and take on risks, moving in unison. This behavior can lead to fear-driven selling during price declines and increased buying during rallies, further heightening stock-price volatility.

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