KOSPI Trading Value Plunge to Impact Brokerage Earnings in Second Half
South Korean securities firms face a decline in earnings following a second-quarter peak, squeezed by a contraction in Kospi trading volume and the aftereffects of “bit-tu” investing. Brokerage houses that relied heavily on commission revenues now confront a profitability squeeze as trading volume plunges. The downturn marks a reversal for an industry that capitalized on … Read more