Youkyung Lee

A move by the National Pension Service to temporarily suspend portfolio rebalancing has fueled volatility in South Korea’s stock market and added pressure on the won, according to Barclays Plc.

(Bloomberg) -- A move by the National Pension Service to temporarily suspend portfolio rebalancing has fueled volatility in South Korea's stock market and added pressure on the won, according to Barclays Plc.

AFTER one of its most volatile weeks in years, South Korea's stock market is approaching a milestone it has long been chasing: a potential path into MSCI Inc's developed-market status.

South Korea’s financial watchdog has expanded an inspection of Mirae Asset Securities Co. to examine the brokerage’s failure to secure an allocation of SpaceX shares in the company’s initial public offering, according to people familiar with the matter.

(Bloomberg) -- South Korean stocks tumbled from a record high as investors sold off chip heavyweights, delivering another outsized swing that has become a feature of the world’s best‑performing market this year. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Inve

Las acciones surcoreanas se desplomaron desde máximos históricos luego de que los inversionistas vendieran masivamente títulos de los principales fabricantes de chips. La caída provocó otro movimiento extremo en un mercado que este año se ha caracterizado por su elevada volatilidad, pese a ser uno de los de mejor desempeño del mundo.

South Korean stocks rebounded from a 10% rout, with investors refocusing on chipmakers’ earnings after what many saw as a selloff driven by technicals.

The volatility in South Korea’s benchmark equity index has become so extreme that investors and analysts are likening the market’s surging intra-day swings to the meme-stock frenzy.

It was supposed to be the deal that vaulted Mirae Asset Securities Co. into the global big leagues.

Mirae Asset Securities Co. said it carried out all its work related to SpaceX’s initial public offering in coordination with the lead underwriters on the deal, disputing a Bloomberg News report published June 30.