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Explained: Why Kospi skyrocketed 18% today after massive selloff and what’s ahead for South Korea’s 'bipolar' stock market

South Korea’s Kospi jumped 18% on Friday as US tech earnings triggered a 28% surge in Samsung and SK Hynix. The sharp rebound follows a 40% crash driven by single-stock leveraged ETFs, drawing retail protests. Nomura targets 10,000-11,000 for Kospi, while Citi downgraded the market to neutral over volatility.

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Economic TimesLean R·2h ago
Explained: Why Kospi skyrocketed 18% today after massive selloff and what’s ahead for South Korea’s 'bipolar' stock market
South Korea’s Kospi jumped 18% on Friday as US tech earnings triggered a 28% surge in Samsung and SK Hynix. The sharp rebound follows a 40% crash driven by single-stock leveraged ETFs, drawing retail protests. Nomura targets 10,000-11,000 for Kospi, while Citi downgraded the market to neutral over volatility.
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Explained: Why Kospi skyrocketed 18% today after massive selloff and what’s ahead for South Korea’s 'bipolar' stock market

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