Korea’s KOSPI Surges 11% in Historic Rebound, Outpacing Crypto

One day after recording its worst single-session loss in history, South Korea’s KOSPI surged more than 11% on Thursday, staging one of the most dramatic reversals the index has ever seen. No major economy is more acutely wired to Middle East instability than Seoul — and this week proved it. The Bounce of KOSPI and KOSDAQ South Korea’s two main stock indices — the large-cap KOSPI and tech-heavy KOSDAQ — are among Asia’s most actively traded markets and a key barometer of Korean retail investor sentiment. By mid-morning, the KOSPI had climbed to 5,682 — up from Wednesday’s close of 5,093 — after touching an intraday high of 5,715 source: https://beincrypto.com/koreas-kospi-surges-11-in-historic-rebound/