Overcoming The Korean Market Discount Is Challenging
Marvin Chen, Senior Asia Equity Strategist, Bloomberg Intelligence
20-Dec-24 07:30
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South Korean markets have had a dismal 2024, as the country’s benchmark stock index, the Kospi, has lost over 9% on year-to-date basis making one of the worst performing main exchange in Asia. This was made worse by the recent declaration of martial law which was rescinded. Marvin Chen, Senior Asia Equity Strategist at Bloomberg Intelligence tells us if it's time to bottom fish or will that perennial Korean discount continue.
Image Credit: Shutterstock.com
Produced by: Natalie Tan
Presented by: Wong Shou Ning, Shazana Mokhtar
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Categories: markets, economy, international, investments
Tags: south korea, kospi, asian stock markets, investment strategy,