Stock Market in First Half: Average Daily Stock Settlement of 718 Billion KRW... Up 46.8% YoY

Average Daily Securities Settlement Amount of 27.6 Trillion KRW in H1 2020... 19% Increase YoY

[Asia Economy Reporter Oh Ju-yeon] In the first half of this year, individual investors flocked to the domestic stock market, resulting in a significant increase in the average daily stock settlement amount compared to the first half of last year.

According to the Korea Securities Depository on the 7th, the average daily securities settlement amount through the Depository in the first half of 2020 was 27.6 trillion KRW, up 19.3% from 23.1 trillion KRW in the same period last year.

The on- and off-exchange stock settlement amount was 1.63 trillion KRW, a 43.5% increase compared to 1.13 trillion KRW in the previous half-year period, and a 39.1% increase compared to 1.17 trillion KRW in the same period last year.

The on- and off-exchange bond settlement amount was 26 trillion KRW, up 13.7% from 22.9 trillion KRW in the previous half-year period, and up 18.3% from 22 trillion KRW in the same period last year.

The average daily settlement size in the on-exchange stock market was 718.8 billion KRW, up 49.3% from the previous half-year period and up 46.8% from the same period last year. The trading amount was 22.4 trillion KRW, an increase of 111.2% compared to the previous half-year period.

The average daily settlement size in the on-exchange bond market was 2.38 trillion KRW, up 28.9% from the previous half-year period. The trading amount was 9.23 trillion KRW, down 10.8% compared to the previous half-year period.

Looking at the settlement trends of off-exchange institutional investors, the average daily settlement amount for stock institutional investors was 915 billion KRW, up 39.3% from the previous half-year period, and the average daily settlement amount for bond institutional investors also recorded 23.6 trillion KRW, an increase of 12.4% compared to the previous half-year period.

Meanwhile, by bond type, the average daily settlement amount was highest for government bonds at 6.13 trillion KRW (45.3%), followed by financial bonds at 3.05 trillion KRW (22.5%), and monetary stabilization bonds at 2.81 trillion KRW (20.8%).