The turbulence in the Korean stock market has led to a sharp decline of nearly 20 trillion won in investor deposits

According to Jinshi reports, as the Korea Composite Stock Price Index (KOSPI) has experienced significant fluctuations since July, investor deposits are rapidly decreasing. Last month, the average daily deposit size of investors plummeted by nearly 20 trillion won compared to the previous month, a decrease of about 10 trillion won since March of this year.

According to data from the Korea Financial Investment Association, as of the 30th of last month, the size of investor deposits was 1,046.584 trillion won, a decrease of more than 35 trillion won from the historical high of 1,396.948 trillion won on June 4.