코스피•코스닥 장중 급등에 매수 사이드카 발동...기재차관 "단기투자 선호 개미투자자, 증시변동성 확대할 수도"

Despite inter-Korean tensions, South Korean stocks soared over 5 percent today on high hopes of more liquidity.
This comes amid a strong performance by Korean stocks over the past couple of weeks,... as more individual investors are injecting money into the market.
Yoon Jung-min reports.
The KOSPI and the KOSDAQ both soared over 5 percent on Tuesday morning, causing a sidecar to be activated for both markets.
This followed Monday's stock plunge.
It was the third time this year that both markets were temporarily halted because of a sharp rise in stock prices.
At the close, the KOSPI was up more than 5 percent to settle at around 2,138.
The KOSDAQ was up more than 6 percent to close at a little above 735.
Tuesday's rally came on the back of foreign investors and institutions,... but South Korean markets have been generally recovering over the past couple of weeks with individual investors flocking to stocks in bio-tech, healthcare and pharmaceuticals.
"Individual investors have shown an enormous funding power. The overseas market situation and increasing liquidity contributed 70 percent to lifting the markets, and individual investors have contributed to the other 30 percent."
First vice finance minister Kim Yong-beom said on Tuesday that more young, tech-savvy investors have entered the market as of late, and they tend to prefer short-term investment.
He said the influx of individual investors adds more liquidity to the market, but could increase market volatility.
"The financial authorities say they're monitoring local and global stock markets due to high volatility,... as well as closely watching how the COVID-19 situation and the U.S.-China tensions unfold.
Yoon Jung-min, Arirang News."