Kospi could revisit the dismal sub-2000 levels of the spring 2020 at the onset of Covid-19 pandemic next year amid little sign for upsides for the Korean capital markets
m.pulsenews.co.kr/view.php?sc=30… #pulse
m.pulsenews.co.kr/view.php?sc=30… #pulse
The combined operating incomes of 250 companies listed in Korean stock markets are estimated at 52.6 trillion won ($36.8 billion) for the third quarter ending September 2022, down 10.3 percent from a year ago.
The fourth quarter could be worse. Market consensus on the combined operating incomes of 227 listed firms is 41.3 trillion won, falling 4.5 percent in a month.
Liquidation in margin accounts has been on the rise as more investors fail to bring the account balance above the required level despite margin call. The number of such accounts jumped 13 times in a month. 
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