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Brutal Week of Swings Leaves Korea’s AI Stock Rally in Turmoil
Bloomberg • • general
Key Points:
- South Korean stocks experienced extreme volatility in a single week, reflecting the fragile nature of the AI-driven market rally.
- The Kospi index surged to a record above 9,000 on Monday before plunging 10% the following day.
- After partially recovering over the next two sessions, the index faced another sharp selloff on Friday, triggering a trading halt.
- These rapid fluctuations highlight growing investor uncertainty about the sustainability of the global artificial intelligence trade rally.
