Investor sentiment in South Korea shifted amid falling oil prices and positive news from US-Iran talks. However, proposed taxes on unrealised gains introduced uncertainty, contributing to significant market volatility and sharp fluctuations for major technology stocks.
South Korean investor sentiment improved with falling oil prices and positive US-Iran talks. However, proposed taxes on unrealised gains brought significant market volatility and sharp fluctuations, especially for tech stocks. Despite this, the Kospi index surged by 5%.
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