South Korea's Kospi Is Back In A Bull Market. But Analysts Wonder If The Run Is Sustainable.

Source: International Business Times

Currency dealers watch monitors as an electronic screen shows South Korea's benchmark stock index (KOSPI) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul. Getty Images South Korea's stock market has pulled off a dramatic turnaround, surging back into bull-market territory just weeks after a punishing selloff rattled investors and raised questions about whether the country's AI-driven rally had gone too far. The benchmark Kospi has climbed more than 20% from its July low, the commonly used definition of a bull market, as investors pile back into semiconductor heavyweights Samsung Electronics and SK Hynix.