Arab Today, arab today corporate direct financing in south korea slips 31
Last Updated : GMT 18:31:50
Arab Today, arab today
Arab Today, arab today

Corporate direct financing in South Korea slips 3.1%

Arab Today, arab today

Arab Today, arab today Corporate direct financing in South Korea slips 3.1%

Seoul, South Korea
Seoul - QNA

Direct financing by South Korean companies slid 3.1% in the first six months of the year from a year earlier due mainly to a drop in corporate bond sales, the financial watchdog said Sunday.
Local companies secured a total of 58.1 trillion won about (US$56.4 billion) during the January-June period by selling stocks and debts, compared with 60 trillion won over the same period last year, according to the Financial Supervisory Service (FSS).
Corporate debt sales sank to a four-year low of 55.2 trillion won in the first half of the year, down 5.2% on-year from 58.2 trillion won, according to South Korea's (Yonhap) News Agency.
The FSS noted that a prolonged slump in the local corporate bond market affected the corporate direct financing market.
Total stock sales soared 66.4% on-year to 2.9 trillion won over the cited period as large companies raised funds via capital increases by issuing new stocks.
Between January and June, 36 companies issued new shares to increase capital by 2.8 trillion won, nearly doubling from 1.5 trillion won the previous year.
But the jump was offset by a plunge in initial public offerings (IPOs). Only seven companies went public on the secondary KOSDAQ bourse during the six-month period, down from 12 a year earlier.
The value of IPOs stood at 105.2 billion won, the smallest amount in four years, compared to a four-year high of 2.7 trillion won in the first half of 2010, the watchdog said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today corporate direct financing in south korea slips 31 Arab Today, arab today corporate direct financing in south korea slips 31

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today corporate direct financing in south korea slips 31 Arab Today, arab today corporate direct financing in south korea slips 31

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday