South Korea’s stock market just had one of its worst days ever. Why Morgan Stanley says it’s not breaking down

South Korea's stock market just had one of its worst days ever. Why Morgan Stanley says it's not breaking down


The Kospi index fell about 10% in the session, marking its worst day since March. Tuesday became the benchmark’s sixth-worst session on record, according to FactSet.

South Korea's stock market just had one of its worst days ever. Why Morgan Stanley says it's not breaking down

The South Korean stock market’s outsized hit on Tuesday appears to be a short-term pullback rather than the start of a prolonged downturn, according to Morgan Stanley.

Continue Reading with
CNBC-TV18 Access Membership

Priority Access and Networking: CNBC-TV18’s flagship events

Interaction with CNBC-TV18’s journalists

Webinars & LIVE Q&As with India Inc. Leaders

Exclusive CNBC-TV18 studio & newsroom tours

Premium business insights, expert opinions & analysis

Curated lifestyle privileges & offers



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *