00:02Korean investors are borrowing more to buy stocks.
00:06Their cash on the sidelines is shrinking,
00:09and forced selling has jumped nearly 13-fold in a week.
00:13It's Monday, October 19th.
00:15Here's what investors are watching in Korea today.
00:18The KOSPI is back near its end-July level,
00:21but the money behind the market looks weaker than it did then.
00:25Higher deposit rates and U.S. stocks are pulling cash away.
00:29Here's what the numbers show.
00:303.81 trillion won, about $2.9 billion,
00:35has been added to margin loans since July 31st, a 13.2% rise.
00:41Investor deposits fell 6.9%, or 7.22 trillion won, about $5.4 billion.
00:49Forced liquidations rose about 12.7 times between October 8th and 15th.
00:55Separately, foreigners net sold 11.24 trillion won of KOSPI stocks last week,
01:01about $8.4 billion.
01:03So, what does this mean for global market watchers?
01:07Earlier, we said forced selling has jumped nearly 13-fold in a week.
01:12Here's what that actually means for you.
01:14With leverage up and dry powder down, rebounds have less fuel,
01:18and hedge fund book closing could add November selling.
01:21Watch margin loan balances this week.
01:24Watch whether investor deposits stabilize.
01:26And watch pension fund buying.
01:29That's today's AI Prism, Securities Daily.
01:32This episode was produced with AI Assistants based on Seoul Economic Daily reporting,
01:37and reviewed by a human editor.
01:40AI Prism is a Juan Ifra award-winning series.
01:43We'll be back tomorrow.
01:44We'll be back tomorrow.
01:46We'll be back tomorrow.