Deep Tide TechFlow News, June 5th, according to Jinshi Data, after a strong rally, the Korean stock market with a market capitalization of $4.9 trillion shows signs of pressure. Although the KOSPI index hit a record high, only 2.6% of stocks reached a 52-week high, and as many as 31% of stocks fell to a 52-week low. Retail investor enthusiasm has cooled, and the surge in margin loans faces the risk of the Bank of Korea possibly raising interest rates in July.



Investors warn that the market downturn speed may be as rapid as the previous rally. Ha Seok Keun, Chief Investment Officer of Eugene Asset Management in Korea, said that compared to deteriorating fundamentals, he is more concerned about overheated market positioning. He predicts that in the next one to two months, the market will enter a period of increased volatility and consolidation.
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