Retail investors sold a record amount of Kospi shares on Friday despite a stunning 18% rebound. The gauge still capped a 22% loss for the month, the steepest since the global financial crisis.

Trading in Kospi stocks was halted four times during the month, a record run for circuit-breaker suspensions, a tool rarely used before this year.

Kospi lost 22% in July, steepest since financial crisis.

Retail traders frustrated by market volatility.

Leveraged ETFs blamed for amplifying market swings.

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.