Credit and leverage
KOSDAQ Margin Credit
The margin loan balance against KOSDAQ-listed shares. With small-cap growth and theme stocks dominating the market, surges flag short-term overheating while sharp drops warn of forced-selling drawdowns.
Latest
6.80 tn KRW
-0.04 tn KRW
KOSDAQ Margin Credit latest observations
- Observed
- 2026-10-27
- Latest
- 6.68 tn KRW
- Change from previous
- ▼ -0.12 tn KRW
Check the observation dates in both the summary and chart; release and refresh times can differ.
At a glance
KOSDAQ Margin Credit: latest value and prior change
As of 2026-10-26, KOSDAQ Margin Credit is 6.80 tn KRW. It is 0.04 tn KRW lower than 6.84 tn KRW on 2026-10-23.
Within the default comparison window of 1,000 observations from 2022-09-19 to 2026-10-26, the latest value is at the tie-adjusted 4th percentile. Available history covers 2010-01-04 to 2026-10-26 with 4,148 observations.
- Observed on
- Default comparison window
- 2022-09-19–2026-10-26
- Observations · observed cadence
- 1,000 · Daily
- Data source
- KOFIA FreeSIS
A high or low percentile does not by itself make the indicator positive, negative, or a buy or sell signal.
2026-07-28 → 2026-10-26 · tn KRW
- First
- 6.92 tn KRW
- 2026-07-28
- Latest
- 6.80 tn KRW
- 2026-10-26
- Window low
- 5.81 tn KRW
- 2026-08-04
- Window high
- 7.57 tn KRW
- 2026-10-12
The horizontal axis follows observation order; calendar intervals may differ. High and low refer to observed values within this window, not intraday or all-time extremes. Ties show the first observation date.
Time-series chart
KOSDAQ Margin Credit
2010-01-04–2026-10-26
Long-history series are stored as real provider observations. Index, FX, VIX, and ratio charts use historical backfill where providers expose it; Korean investor flow and margin-credit feeds expand as stable historical endpoints become available.
Recent observations and calculated changes
The ten latest chart observations. Change subtracts the previous observation; intervals vary with holidays, release schedules and missing data. A difference in rates or ratios is not an investment return.
| Observed | Value | Previous date | Difference (current − previous) |
|---|---|---|---|
| 2026-10-26 | 6.80 tn KRW | 2026-10-23 | -0.04 tn KRW |
| 2026-10-23 | 6.84 tn KRW | 2026-10-22 | 0.00 tn KRW |
| 2026-10-22 | 6.84 tn KRW | 2026-10-21 | 0.02 tn KRW |
| 2026-10-21 | 6.82 tn KRW | 2026-10-20 | 0.00 tn KRW |
| 2026-10-20 | 6.82 tn KRW | 2026-10-19 | -0.10 tn KRW |
| 2026-10-19 | 6.92 tn KRW | 2026-10-16 | -0.29 tn KRW |
| 2026-10-16 | 7.21 tn KRW | 2026-10-15 | -0.01 tn KRW |
| 2026-10-15 | 7.22 tn KRW | 2026-10-14 | -0.22 tn KRW |
| 2026-10-14 | 7.44 tn KRW | 2026-10-13 | -0.09 tn KRW |
| 2026-10-13 | 7.53 tn KRW | 2026-10-12 | -0.05 tn KRW |
Source: KOFIA FreeSIS
Interpretation guide
How to read KOSDAQ margin credit
KOSDAQ margin credit shows how much retail leverage is concentrated in Korea's more growth- and theme-heavy market. It often carries a stronger volatility message than KOSPI margin credit, so overheating and liquidation risk matter.
What it tracks
Because KOSDAQ has more mid-cap growth and theme exposure, changes in margin balances can translate into price swings quickly. Higher balances show attention and liquidity, but they also create future supply during drawdowns.
- If using a 20-session comparison window, for example, record both the amount and percentage change. No specific growth rate establishes speculative demand.
- When comparing with KOSPI, align observation dates and check differences in starting balances and market capitalization.
- If balances rise without trading-value support, supply risk may be bigger than upside quality.
Interpretation rules
Read KOSDAQ credit with turnover, new-high counts, and breadth. Margin growth during broad participation is healthier than margin growth concentrated in a narrow theme.
- Margin growth plus expanding 52-week highs improves trend quality.
- Margin growth focused in one hot theme increases gap-down risk.
- Index weakness, falling turnover, and rising credit together suggest fatigue.
How to respond
When KOSDAQ credit grows quickly, weigh return potential against downside speed. Before chasing themes, confirm turnover, earnings visibility, and exit rules.
- Use staged entries and tighter risk limits in themes with rapidly rising credit.
- If credit falls but strong stocks hold up, track them as relative-strength candidates.
- A large bearish candle near high credit levels should put liquidation pressure on watch.
Related views
Related indicators and radar
KOSPI Retail Net Buy
Retail flow for sentiment, supply pressure, and leverage context.
Connects growth-stock leverage with retail pressure.
Trading value spikes
Stocks where turnover is far above the recent average.
Checks whether leverage is backed by turnover.
52-week highs + turnover
Fresh highs confirmed by meaningful trading value.
Tests whether leverage is occurring with real breakouts.