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Global Markets Investor
@GlobalMktObserv
Global Markets Investor is a financial research platform covering global markets and economies. Founded by a Wall Street equity and macro research professional.
Joined July 2023
63 Following    99.1K Followers
South Korean equities remain under EXTREME PRESSURE: The KOSPI fell -0.81% on Monday, to its lowest level since February. The KOSDAQ declined another -0.82%, returning to levels last seen during the December 2024 martial law crisis. This comes as foreign investors recorded their 7th consecutive session of selling Korean equities. The KOSPI is down -47% from its June peak, while the KOSDAQ has plunged -48% from its April peak, wiping out more than -315 trillion won, or ~$233.8 billion, in market capitalization. Meanwhile, market breadth continues to deteriorate, with 463 KOSDAQ stocks hitting 52-week lows, while average daily trading value has collapsed -53% since the first half of the year. Foreign investors have now SOLD more than -4.35 trillion won, or over -$3 billion, in KOSDAQ stocks since July. Market carnage in South Korea continues. $KORU $EWY $SKHY
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