KOSPI May Spin Its Wheels On Monday

KOSPI sits just above 5,375 after a nearly 600-point (about 11%) four-day selloff; the index has closed higher in two of the past three sessions since that streak ended. Despite these short-term bounces, the market appears rangebound and may be stuck in neutral, reflecting ongoing volatility and uncertain investor positioning.

Analysis

KOSPI sits just above 5,375 after a nearly 600-point (about 11%) four-day selloff; the index has closed higher in two of the past three sessions since that streak ended. Despite these short-term bounces, the market appears rangebound and may be stuck in neutral, reflecting ongoing volatility and uncertain investor positioning.