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Margin balances on the South Korean stock market have fallen to their lowest level since April
Svmuu News: According to data from the Korea Financial Investment Association, as of July 16, the margin balance used to finance stock purchases had fallen to 33.4 trillion won (approximately $22.6 billion), the lowest level since April 15. This figure represents a 13% decline from the peak of 38.6 trillion won recorded at the end of June. Other data suggests that South Korean retail investors’ enthusiasm for stocks may be cooling. According to the Korea Financial Investment Association, investor deposits fell to 108.1 trillion won on July 16, down from the high of 139.7 trillion won reached on June 4. (Jin Shi)
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