The stock market, which has been declining for weeks, suddenly surged. What is happening?
The South Korean stock market has seen a significant increase, as it appears that the liquidation of leveraged positions is nearing its end, which previously caused a 30% decline in the Korean stock index from its peak. This turnaround has brought much-needed relief after weeks of selling pressure - Bloomberg reported.
The South Korean stock market has seen a significant increase, as it appears that the liquidation of leveraged positions is nearing completion, which previously caused the Korean stock index to fall by nearly 30 percent from its peak. This turnaround has brought significant relief after weeks of selling pressure, according to Bloomberg.
