Credit backlogs declined sharply, and stock crashes led to frequent further evidence - “There are many damaged individuals”
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Due to the historic decline in the Japanese stock exchange rate, individual investors were forced to strain their positions that had losses due to margin trading, and they were greatly hurt.
The remaining margin of margin trading as of the 9th announced by the Tokyo Stock Exchange on the 14th (total for 2 markets on the Tokyo Stock Exchange and China Securities) is 3,963.5 billion yen, down 908.6 billion yen from the previous week. The decline is the largest since 2005, which can be traced back to Bloomberg data.
What came to light as a background to the sharp decline was the appearance of individual investors who were forced to sell with confirmed losses due to a crash in stock prices. When unrealized losses on stocks bought and sold through margin trading become large, an obligation (reconfirmation) to pledge the missing amount of collateral occurs, and it is necessary to make a deposit or resolve the position. This is the first crash for individuals entering the stock market after the novel coronavirus. If they suffer losses and move away from stocks due to anxiety, the stock market may lose support.
The remaining margin of margin trading as of the 9th announced by the Tokyo Stock Exchange on the 14th (total for 2 markets on the Tokyo Stock Exchange and China Securities) is 3,963.5 billion yen, down 908.6 billion yen from the previous week. The decline is the largest since 2005, which can be traced back to Bloomberg data.
What came to light as a background to the sharp decline was the appearance of individual investors who were forced to sell with confirmed losses due to a crash in stock prices. When unrealized losses on stocks bought and sold through margin trading become large, an obligation (reconfirmation) to pledge the missing amount of collateral occurs, and it is necessary to make a deposit or resolve the position. This is the first crash for individuals entering the stock market after the novel coronavirus. If they suffer losses and move away from stocks due to anxiety, the stock market may lose support.
Tomoichiro Kubota, a senior market analyst at Matsui Securities, looked back on the 1st week (5-9), saying “there were many sales to avoid backtracking due to a sharp drop in stock prices and sales associated with actual backtracking on the 5th and 6th,” and stated that “most individuals who applied leverage were forced to throw.” It is said that investors affected by semiconductor-related matters such as Lasertech and bank stocks stood out in the same certificate.
On the 5th, both the TSE stock price index (TOPIX) and the Nikkei Stock Average fell 12%, recording a rate of decline since Black Monday on 1987/10/20. Many brands have plummeted, with Tokyo Electron, a semiconductor manufacturing device being sold to a low stop with full price range restrictions.
It is said that the evaluation profit and loss ratio of unpurchased items calculated daily by the Matsui Stock Exchange deteriorated to minus 25.7% on the 5th, and in particular, it reached 42.7% in the growth market. Mr. Kubota believes that “there are many injured individuals, and a certain period of time is necessary for recovery.”
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米国ETF（NVDU、TSLL、SOXL）、投資信託（FANG、レバFANG、トップ10、レバナ）、日本ETF（1579日経レバ、2644半導体）等運用✌️
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