"Was the Drop Too Severe?"... KOSPI Rebounds Over 2% on Bargain Hunting - The Asia Business Daily
• The KOSPI index rebounded by over 2%, marking its first gain in three days as investors engaged in bargain hunting following a sharp short-term decline. • This recovery occurred despite overnight losses in the New York stock market, which were triggered by escalating geopolitical tensions between the United States and Iran. • The rebound is primarily attributed to a shift in sentiment among foreign investors who viewed the recent price drops as an opportunity to buy undervalued assets.
asiae.co.kr

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