Sales of principal-protected ELBs increased in October while local tech and utilities sector stocks were among the top investor picks.
Sales volume of structured products in South Korea reached around KRW5 trillion (US$3.6 billion) in October, edging up four percent year-on-year (YoY) and 14% on a monthly basis, SRP data shows. South Korea: sales volumes by month (KRW billion) Source: SRP Principal-protected equity-linked bond (ELB) structures returned as the biggest contributor to the markets sales volumes, accounting for 36% of the market share, or KRW1.8 trillion , generated from 389 tranches issued last month. ELB