South Korean Shares Post Biggest Weekly Fall Since 2008
The KOSPI recorded its biggest weekly fall in 18 years amid worries about the sustainability of the global AI investment boom, despite rebounding Friday from a six-month low.
South Korean shares recovered from a six-month low on Friday as investors bought on the dip. Despite the rebound, the benchmark KOSPI KRX:KOSPI rose 113.8… but recorded its steepest weekly decline in 18 years, amid concerns over the sustainability of the global AI investment boom.