KOSPI Rout Deepens Retail Losses, Fuels Forced Selling Fears
6 Articles
6 Articles
In the wake of the sharp decline in the KOSPI index, the amount of forced liquidation orders (margin calls) reached 59.35 billion won, marking the highest level in two months. With the outstanding balance of margin loans remaining in the 34 trillion won range, stock market instability is intensifying as the ratio of forced liquidation to outstanding receivables has more than doubled compared to the previous day.
High levels of margin debt persist... KOSPI barely holds the 6,000 mark again. On the 13th, when the KOSPI dropped to the 5,000 mark during trading, the amount of forced selling surged to its highest level in over two months since late July. According to the Korea Financial Investment Association on the 14th, the previous day
Quotes panel accompanies Asian stock exchanges drop this ThursdayKospi drops 7.57% and Nikkei drops 4.90% with sale of technology shares and semiconductors
The stock market has plummeted due to the fallout from inflation concerns and theories regarding an artificial intelligence (AI) bubble. The KOSPI index, which had surged to the 9,000 range since the launch of the Lee Jae-myung administration, has fallen back to the 5,500 level, returning to the level of six months ago. Amidst the inevitable massive losses resulting from the stock market crash, the added burden of rising interest rates is castin…
The KOSPI index is displayed on the electronic board at the dealing room of Hana Bank headquarters in Jung-gu, Seoul, in the afternoon on Oct. 15. (Yonhap) The domestic stock market showed a sharp downward trend on Oct. 15 as inflation concerns originating from the United States and anxiety over the investment profitability of the artificial intelligence (AI) industry overlapped. Circuit breakers, which temporarily suspend trading during the ses…
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