South Korean Stocks Rebound, Driven by Technical Factors and Earnings Growth
South Korean equities are experiencing a significant recovery, turning a bear market into a bull, largely due to technical factors like the liquidation of retail long positions and strong fundamental earnings growth. The recovery has also seen Seoul curb the use of leveraged ETFs.
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Korean Stocks Are on Fire Again, With a Bit Less Excess This Time
Seoul has curbed the use of leveraged ETFs.
By Phil Serafino
Read full article →What is driving the rapid shift as South Korea’s bear market turns back into a bull
The recovery in Korean equities owes much to technical factors as retail long positions were liquidated, but it’s also backed by fundamentals – namely booming earnings growth
By Jules Rimmer
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