Bull Market By Default: The Kospi's AI Fueled Comeback The South Korean stock market has defied expectations once again, with a remarkable turnaround into a technical bull market in just over a month.
This sudden shift is largely due to a global resurgence in artificial intelligence spending, which has investors scrambling to get back on the bandwagon.
A Shift in Investor Appetite Investors have flocked back to technology hardware stocks, particularly those tied to AI, driving the Kospi's 23% rebound from its July 30 low.