KOSPI Intraday Volatility Hits Record High This Month, Exceeding 2008 Financial Crisis

According to the Korea Exchange on July 19, KOSPI's intraday fluctuation rate this month reached an all-time high, surpassing levels seen during the 2008 financial crisis and 1997 Asian financial crisis. The heightened volatility stems from semiconductor peak concerns combined with geopolitical risks and monetary policy uncertainty. Leveraged ETF rebalancing amid concentrated fund flows has intensified market swings.
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