South Korean firms face sharp drop in stock market financing in October
South Korean companies experienced a sharp decline in direct financing last month. The total amount raised through stock and bond sales on the stock market fell by 17.4 percent compared to September. Despite this drop, the overall value of outstanding corporate bonds continued to grow.
In October, local firms raised 23.71 trillion won ($16.08 billion) from stock and bond sales. This marked a significant decrease from the previous month, driven largely by a steep fall in stock market issuance.
The data shows a clear shift in corporate financing trends, with bond sales holding up better than stock market issuance. While direct financing fell sharply in October, the overall stock of corporate bonds remains at a record high. The figures reflect ongoing volatility in Yahoo Finance.
