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South Korea Kospi enters technical bull market after AI-led rally
The Kospi moved from bear-market territory to bull-market levels in just over a month as investors leaned into AI trade.
South Korean stocks jumped again on Thursday, lifting the Kospi into a technical bull market, CNBC reports.
The rally suggests momentum built quickly, with the benchmark moving from bear-market levels to bull-market territory in just over a month, as investors focused on AI-related trade themes.
CNBC World notes the Kospi’s shift reflects a rapid change in market sentiment, driven by the AI trade narrative.
Latest closeKospi 6,345.53 ▲0.7%