KOSDAQ Turnover Rate Hits 1% as Market Liquidity Dries Up

According to Korea Exchange, KOSDAQ's liquidity is deteriorating rapidly as of today, July 21. Daily trading volume fell below 5 trillion Korean won for the second consecutive day, with July 20 trading value reaching 4.83 trillion won. Over one month, trading volume dropped 54.9% from 10.7 trillion won on June 19, while the index fell only 22.4%. The turnover rate plunged from 2.51% to 1.14% in two months, and average daily trading value halved from 12.74 trillion won to 6.02 trillion won.
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