South Korean stock market margin balance drops to lowest level since April

TechFlow news, July 21, according to data from the Korea Financial Investment Association, as of July 16, margin balances used for financing stock purchases have dropped to 33.4 trillion won (approximately $22.6 billion), the lowest level since April 15. This figure is down 13% from the peak of 38.6 trillion won at the end of June. Other data shows that South Korean retail investors' enthusiasm for stocks may be cooling. According to data from 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 on June 4. (Jin10)