The Straits Times·3 min read·medium
Crushed by Kospi rout, angry South Koreans rip government and vow not to buy
✦AI Summary
South Korean retail traders, known for risk-taking, were severely impacted by a 22% drop in the Kospi index in July, leading to record circuit-breaker suspensions and widespread frustration. Many blame the government's stock-market reforms and the introduction of leveraged ETFs for amplifying volatility and their losses.
Trading in Kospi stocks was halted four times during the month, a record run for circuit-breaker suspensions.
economybusinessworld
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