South Korea's stock market volatility is at its highest since the 1998 Asian financial crisis
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Golden Ten Data reported on July 13 that, according to foreign media, driven by the artificial intelligence boom, the South Korean stock market has benefited the most significantly. Meanwhile, the volatility of the South Korean stock market is now at levels last seen during the height of the 1998 Asian Financial Crisis. Data shows that a metric measuring the 60-day price volatility of the MSCI Korea Index has risen to its highest point since February 1998, even surpassing the levels seen during the 2008 global financial crisis. Previously, fueled by frenzied trading and significant leverage, the MSCI Korea Index reached historic highs. Currently, the index has fallen 28% from its June peak and plummeted 10% on Monday, returning to levels from more than two months ago.
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