17 Hrs
Source:
الاقتصادية
Korean Market Loses Trillion Dollars
South Korea's stock market is facing a severe crisis that has resulted in losses of over two trillion dollars in just one month, with the KOSPI index falling by more than 9.5%. This decline has led to significant public and political pressure, with protesters expressing their anger over the risks faced by individual investors, especially young people and retirees who borrowed funds to boost their investments. The government has taken limited measures, such as imposing restrictions on index funds, but experts point out that these steps are insufficient to halt the volatility. Trading volumes remain weak, and foreign investors are pulling out their investments. Despite profits reported by major companies like Samsung and SK Hynix, the markets are heading toward their largest monthly decline in history amid widespread protests and political tensions.
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