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Market Impact: 0.25

Tech Rout Leaves South Korean Stocks Twice as Cheap as Indonesia

Source: Bloomberg

Emerging MarketsMarket Technicals & FlowsInvestor Sentiment & PositioningTechnology & Innovation

A brutal tech selloff has pushed South Korea from this year’s hottest major market to the world’s cheapest, with valuations now roughly half those of Indonesia. The report provides no valuation multiples or specific market-performance figures.

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mildly negative

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