South Korea's Equity Rally Boosts Market Value Above $2 Trillion
South Korea's stock market value has regained the $2 trillion mark after a three-year setback, the latest in a series of bullish milestones amid enthusiasm for corporate reforms and AI chip trades.
The Kospi entered a technical bull market two weeks ago and is now up 23% for the year, making it Asia's best-performing equity benchmark. The index is about 10% away from a record high set in 2021.
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