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[ANALYSIS] What's behind scarcity of 'sell' recommendations by Korean brokerages?

[ANALYSIS] What's behind scarcity of 'sell' recommendations by Korean brokerages?
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

South Korea , Lee Hyo Seob , Chung Young Chae , Korea Capital Market Institute , York Stock Exchange , National Association Of Securities Dealers , Democratic Party Of Korea , Financial Supervisory Service , Korea Financial Investment Association , Kang Byung Won , Democratic Party , Korea Times , New York Stock Exchange , National Association , Securities Dealers ,

Securities firms eye overseas markets amid stock market slump

Local securities firms are moving to expand their footing overseas, in a desperate bid to make up for declining earnings in the domestic market, which has been experiencing continuing bearish sentiment. According to data from market tracker FnGuide, Korea s top six securities firms - including Mirae Asset Securities and Samsung Securities - are forecast to have generated combined net profits of 941.5 billion won ($661 million) in the third quarter, down 52.9 percent from a year earlier when they chalked up more than 2.3 trillion won in total net profits. ....

Republic Of , United States , South Korea , Chung Young Chae , Mirae Asset Securities , Samsung Securities , United Kingdom ,