Foreign investors have dumped billions of dollars of Korean stocks this year. Here's why.

The Kospi plunged more than 8% at the open, signaling a sharp risk-off move in South Korean equities despite the market having been one of the world's standout performers this year. The selloff points to elevated volatility and deteriorating investor sentiment, with potential spillover across broader emerging markets and risk assets.

Analysis

The Kospi plunged more than 8% at the open, signaling a sharp risk-off move in South Korean equities despite the market having been one of the world's standout performers this year. The selloff points to elevated volatility and deteriorating investor sentiment, with potential spillover across broader emerging markets and risk assets.