The market lift resulting from policy announcements and fiscal measures may not be sustainable unless underpinned by genuine improvements in economic fundamentals. — Bloomberg
The South Korean stock market soared on each of the first two trading days following President Lee Jae-myung’s official inauguration after securing a decisive victory in the early election held on June 3, winning by a substantial margin over his opponents.
The peaceful transition of power and the political clarity it brings have been met with visible enthusiasm.
