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KOSPI rout pushes forced stock sales to highest level in nearly 3 years | Collector
KOSPI rout pushes forced stock sales to highest level in nearly 3 years

KOSPI rout pushes forced stock sales to highest level in nearly 3 years

The recent increase in stock market volatility is raising fears that retail investors who used borrowed funds to buy stocks could face heavy losses, analysts said Wednesday. Warning signs surrounding leveraged bets intensified after forced liquidations during last week’s sharp KOSPI decline climbed to their highest level in nearly three years. Data from the Korea Financial Investment Association showed that actual forced liquidations against outstanding margin loans surged to 166.2 billion won...

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