Arab Today, arab today investors take more loans to buy stocks
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

Investors take more loans to buy stocks

Arab Today, arab today

Arab Today, arab today Investors take more loans to buy stocks

Seoul - Yonhap

South Korean investors are borrowing more money to buy stocks as the local stock market is nearing an all-time high of the year, data showed Sunday. The so-called margin debt, or the amount of money borrowed to buy stocks, reached 4.94 trillion won (US$4.82 billion) as of Wednesday, the highest since June 7, 2013, when the comparable figure was 4.99 trillion won, according to the data compiled by the Korea Financial Investment Association.

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