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▶youtube BusinessMarkets first seen 1 d ago, last 1 d ago, peak #6

Korean stock market rally grinds to a halt

Original: Forget earnings, the Korean stock market bus has come to a screeching halt

South Korea's stock market rally has stalled sharply, with commentators suggesting fundamentals no longer matter as the momentum that drove shares higher abruptly stops. The market's rapid run-up is the focus of discussion among Korean investors, many of whom had been riding the surge and now face questions about how far it can fall and what comes next.

Why now: A sudden sharp stop to South Korea's stock rally is rattling investors who had been caught up in the surge.

Korea Composite Stock Price Index (KOSPI)South Korea

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