The Korean stock market's coefficient related to the NASDAQ 100 index rose to almost two years high

ACCORDING TO BLOOMBERG, THE 60-DAY COEFFICIENT OF THE KOREA CONSOLIDATED EQUITY INDEX (KOSPI) TO THE NASDAQ 100 INDEX ROSE TO 0.46, WHICH IS CLOSE TO ITS HIGHEST LEVEL IN THE LAST TWO YEARS AND IS ABOUT THREE TIMES THE AVERAGE OF 0.16 OVER THE PAST FIVE YEARS. THE GLOBAL FUND MANAGER VIEWS THE KOREAN MARKET AS AN INDICATOR OF AI ' S INVESTMENT SENTIMENT, FOCUSING ON DEVELOPMENTS IN KOREA ' S TECHNOLOGY UNITS, SUCH AS SAMSUNG ELECTRONICS AND SK HERCULES, PRIOR TO THE LAUNCH. ON 7 THIS MONTH, NASDAQ'S SENSITIVITY TO DEVELOPMENTS IN THE KOREAN STOCK MARKET ROSE TO ITS HIGHEST LEVEL SINCE 1990。