individuals\ holdings of stocks bonds on decline in seoul
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Individuals' holdings of stocks, bonds on decline in Seoul

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Arab Today, arab today Individuals' holdings of stocks, bonds on decline in Seoul

Seoul - Yonhap

The portion of stocks and bonds held by South Korean individuals to their financial assets declined for the fourth consecutive year in 2013 as demand for risky assets weakened, data showed Tuesday. According to the Bank of Korea, individuals held a combined 2,641 trillion won (US$2.5 trillion) worth of financial assets at the end of last year, some 25 percent, or 659 trillion won, of which were stocks and bonds. Individuals refer to households, small business owners and nonprofit organizations.

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