In the First Half of This Year, Stock Market Transaction Amount Reaches 2,605.9 Trillion Won... Surpasses 2 Quadrillion Won for Three Consecutive Half-Years
18.9% Increase Year-on-Year, Daily Average of 212 Trillion Won
[Asia Economy Reporter Oh Ju-yeon] As the amount of funds related to the domestic stock market has rapidly increased, it has surpassed 2 quadrillion won for three consecutive half-years.
According to the Korea Securities Depository on the 30th, the amount of stock market-related funds processed through the Depository in the first half of this year was 2,605.9 trillion won, an increase of 18.9% compared to the first half of last year. Following 2,191.7 trillion won in the first half of 2019 and 2,480.6 trillion won in the second half, it has exceeded 2 quadrillion won for three consecutive half-years. On a daily average, it amounts to 212 trillion won.
The scale of stock market-related funds by type was analyzed as follows: trading settlement funds for stocks and bonds at 2,392.0 trillion won (91.8%), principal and interest of deposited securities at 1,364 trillion won (5.2%), and collective investment securities funds at 532 trillion won (2%).
Among the trading settlement funds, the over-the-counter Repo (repurchase agreement) settlement funds accounted for 2,072 trillion won, representing 86.6%. The size of over-the-counter Repo settlement funds has steadily increased as securities firms use OTC Repo transactions as a short-term funding method. It rose from 1,730.7 trillion won in the first half of last year and 1,980.7 trillion won in the second half to exceed 2 quadrillion won this year.
Following that, bond institution settlement funds (2,638 trillion won) accounted for 11.0%, stock institution settlement funds (181 trillion won) 0.8%, on-exchange bond settlement funds (293 trillion won) 1.2%, and on-exchange stock settlement funds (88 trillion won) 0.4%.
Among these, compared to the first half of last year, the sector with the largest increase was on-exchange stock settlement funds. While over-the-counter Repo settlement funds increased by 19.7% year-on-year, on-exchange stock settlement funds rose by 49.1%, showing a remarkable increase. In addition, bond institution settlement funds, stock institution settlement funds, and on-exchange bond settlement funds increased by 20.7%, 30.2%, and 23.6% respectively compared to the same period last year.
Meanwhile, the principal and interest of deposited securities amounted to 1,364 trillion won, a 0.2% increase compared to 1,362 trillion won in the same period last year.
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The Depository analyzed that "the increase in bond principal and interest, which accounts for 21.6% of the principal and interest of deposited securities, appears to have influenced this."
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