BusinessKorean Stocks May Lose $40 Billion Buyback Support Early
South Korean stocks are set to lose a major support source earlier than expected as Samsung Electronics and SK Hynix accelerate their $40 billion share buybacks. Originally planned to end in late November, about 80% of the buybacks are complete, potentially finishing by mid-October. This early end could increase market volatility and make the Kospi index more reliant on foreign and institutional investors to rise above 7,000.
Mint Markets·


