The South Korean securities house has posted a slight drop in its sales volume of ELS and DLS in Q2 23 YoY, however.

Mirae Asset Securities recorded a drop in net income to KRW140.9 billion (US$110m) in the second quarter of 2023, down 47% compared to the prior-year quarter,  according to the Korean securities house’s latest earnings report.   Net operating revenue dropped by 11% to KRW367.3 billion in Q2 23 year-on-year (YoY).   Equity-linked securities (ELS) and derivative-linked securities (DLS), which are housed under the wealth management segment, saw a 14%  increase in their

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