SK Bioscience's Record-Breaking Subscription Causes Stock Market Funds to Fluctuate

Deposit Funds Fall Below 60 Trillion Won After Three Months
Trading Volume Also Drops to 24 Trillion Won
Expectations for Reinvestment After Margin Refund

[Asia Economy Reporter Song Hwajeong] As an unprecedented amount of funds poured into the SK Bioscience subscription, investor deposit funds and stock market trading volume also fluctuated.

According to the Korea Financial Investment Association on the 15th, investor deposit funds recorded 57.6372 trillion won on the 11th, falling below 60 trillion won for the first time in over three months since last December. Investor deposit funds, which had increased to 68 trillion won on the 9th, dropped to 60 trillion won on the 10th, with 8 trillion won withdrawn in just one day, and then fell below the 60 trillion won level on the 11th.

This rapid inflow and outflow of funds is interpreted as being due to the SK Bioscience subscription. A large amount of standby funds flowed in ahead of the subscription and then were withdrawn again as subscription deposits.

As standby funds flowed into the stock market due to the SK Bioscience subscription, stock market trading also showed a decrease. The stock market trading volume fell to the 24 trillion won level on the 10th. Trading volume, which had surged to 64 trillion won on January 11, moved in the 30 trillion won range last month and fell below 30 trillion won in March. The stock market trading volume recorded 24.579 trillion won on the 10th, the lowest since the end of November last year, and then further dropped to 24.4902 trillion won on the 12th.

Now, attention is focused on the direction of the refunded SK Bioscience subscription deposits. SK Bioscience recorded subscription deposits of 63.6197 trillion won, surpassing the previous record set by Kakao Games (58.5543 trillion won). This is more than double the subscription deposits of SK Biopharm, which was listed in July last year (30.9899 trillion won). Considering that the SK Bioscience general public subscription scale was about 1.5 trillion won, approximately 62 trillion won was refunded on the 12th.

Ha Inhwan, a researcher at KB Securities, said, "Looking back on last year's listings of Kakao Games and Big Hit, the pattern showed that funds returned to deposits immediately after the subscription," adding, "While it is necessary to check whether deposits continue to decrease from a mid-term perspective, from a short-term perspective, there is a high possibility that deposits will rebound quickly."

This content was produced with the assistance of AI translation services.