Korean Stocks Struggle as AI Trade Cools, Kospi Falls 22%
South Korea's stock market is experiencing a sharp downturn after a strong period in the global AI sector. The Kospi index has dropped 22% from its peak, becoming the worst performer in the year's second half. Trading turnover has plummeted by 70%, leading to withdrawals by both foreign and local investors, signaling reduced market confidence.
ET Markets·



