According to a report by The Korea Herald on November 13, Mirae Asset Securities, Korea Investment & Securities, NH Investment & Securities, Kiwoom Securities, and Samsung Securities posted a combined net profit of 851.2 billion won in the third quarter, representing an 81.13% decline from 4.51 trillion won in the second quarter. The report attributed the profit drop to cooling stock trading, rising market利率 (market interest rates), and valuation losses on investment assets. The aforementioned decline is on a quarter-on-quarter basis, rather than year-on-year or a cumulative figure for the first three quarters.