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KOSPI’s 22% rebound has stunned markets: is Korea’s brutal chip rout finally over?

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South Korea’s KOSPI extended one of the sharpest turnarounds in global equities on Friday, briefly reclaiming 7,000 as cooling US inflation encouraged investors to pile back into the chipmakers that drove July’s brutal sell-off. The benchma…

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KOSPI’s 22% rebound has stunned markets: is Korea’s brutal chip rout finally over?
Invezz Aug 14, 04:46 UTC

KOSPI’s 22% rebound has stunned markets: is Korea’s brutal chip rout finally over?

South Korea’s KOSPI extended one of the sharpest turnarounds in global equities on Friday, briefly reclaiming 7,000 as cooling US inflation encouraged investors to pile back into the chipmakers that drove July’s brutal sell-off. The benchma…