S. Korean individual investors purchase net $7b worth of US stocks in 2 months

South Korean individual investors purchased over $7 billion worth of US stocks over the past two months amid a correction in the local equity market, industry data showed Sunday. Retail investors bought a net $7.04 billion worth of stocks in the US market from July 1 through Thursday, according to data from the online portal operated by the Korea Securities Depository. Over the same period, they purchased a net 8.75 trillion won ($6.34 billion) in the benchmark Korea Composite Stock Price Index