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South Korea's Kospi Led Global Stocks And Hit an All-Time High Just Weeks Ago. Then It Went Into Bear Territory

South Korea
International Business Times Fews App News Provider
Fews App Post Time há 23h

Although the Kospi recovered slightly in volatile trading on Thursday, the decline marked a dramatic reversal for what had been the world's best-performing major stock market earlier this year. Jung Yeon-ye/AFP via Getty Images South Korea's benchmark Kospi stock market index has tumbled into bear-market territory just weeks after reaching a record high and taking the title of the best-performing market of the year. The Kospi fell more than 5% on Wednesday, leaving the index more than 20% below its June 19 all-time high.

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