Korean Stock Market Faces Severe Decline in October Amid Investor Anxiety

 
◆아주경제 주요뉴스
▷KOSPI Plummets 14.5% Over Five Consecutive Trading Days, Investor Sentiment Deteriorates
- The domestic stock market has experienced a significant decline, with the KOSPI dropping 14.5% from October 12 to 16, leading to a sharp decrease in investor sentiment.
- Foreign investors sold a net 11.24 trillion won in the stock market, while buying from individuals, institutions, and other corporations failed to prevent further declines.
- The total balance of investor deposits and CMA accounts has decreased by 14.55 trillion won this month, falling below 200 trillion won, and the balance of margin trading loans has also dropped by 1.53 trillion won over three days.
- This year, the average recovery period after the KOSPI has experienced double-digit declines is recorded at 14.25 trading days.
- Analysts suggest that resolving profitability concerns in the AI industry and a return of foreign buying are crucial factors for a market rebound.
 
◆장 마감 후(16일) 주요공시
▷ Kiwoom Securities Acquires Additional 59.2 Billion Won in Hanwha Ocean Shares
▷ Biopport Acquires 2.1 Billion Won in Family Farm Shares
▷ Genexine Announces 3 Billion Won Third-Party Allotment Capital Increase
 
◆펀드 동향(15일 기준, ETF 제외)
Domestic Equity Funds: 19.7 Billion Won
Overseas Equity Funds: -5.5 Billion Won
 
◆오늘(월) 주요일정
China: GDP Growth Rate (Q3), Retail Sales (September), Industrial Production (September), Fixed Asset Investment (September)
U.S.: Housing Market Index (October)