SEOUL, Nov. 12 (UPI) -- South Korea's leading brokerage houses delivered solid performances in the third quarter of this year, thanks to the recent bullish run in the Seoul bourse.
The country's business bellwether, Mirae Asset Securities, said early this month that it netted $234 million in profit for the July-September period, up 18.8% from a year earlier.
The Seoul-based company's sales also jumped 22.5% year-on-year to reach $4.55 billion, the largest in the industry.
Korea Investment & Securities said Tuesday that its third-quarter net profit nearly doubled to $413 million, while turnover just edged up 0.4% to $3.85 billion.
Another major player, Samsung Securities, chalked up $1.86 billion in sales, down 1.5% from a year before, for a net income of $211 million, up 28.7%.
