Electronic Registration Issuance Amount of Stocks in the First Half of the Year 10.3 Trillion Won... 57.7% Decrease Compared to the Previous Year

Issuing Company, Issuance Volume, and Issuance Amount All Decrease Compared to Previous Year
Impact of Absence of Large IPOs

The number of shares issued through electronic registration, the amount issued, and the number of issuing companies in the stock market all decreased compared to the same period last year in the first half of this year.

According to the Korea Securities Depository on the 24th, a total of 925 companies issued shares through electronic registration in the first half of this year, with approximately 8.02 billion shares issued and an issuance amount of about 10.3 trillion KRW. The number of issuing companies decreased by 0.3%, the number of shares issued decreased by 5.6%, and the issuance amount decreased by 57.7% compared to the same period last year.

Compared to the second half of last year, the number of issuing companies and the number of shares increased by 6.3% and 3.2%, respectively, but the issuance amount decreased by 8%, continuing the downward trend.

An official from the Depository explained, "This is presumed to reflect market conditions such as the absence of large initial public offerings (IPOs), despite the moderate recovery trend in the domestic stock market during the first half of this year."

By market, listed companies on the Korea Exchange raised about 4.6 trillion KRW, and companies listed on KOSDAQ raised about 3.9 trillion KRW through share issuance. These figures represent decreases of 74.2% and 15.1%, respectively, compared to the same period last year.

Regarding the reasons for issuance, paid-in capital increases accounted for the largest portion with approximately 1.49 billion shares (18.6%), followed by convertible bonds (CB) and bonds with warrants (BW) with about 1.07 billion shares (13.3%).

The amount of funds raised by issuing companies through paid-in capital increases in the capital market was about 8.1 trillion KRW, a decrease of approximately 62.7% compared to the same period last year.

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