EWY: South Korea Looks Like One Of The Most Attractive Picks In Asia

Dylan Waller
854 Followers
(8min)

Summary

  • South Korea's stock market has declined recently due to economic and political risks.
  • Weaker economic data in recent quarters has further harmed equity market sentiment.
  • The combination of political instability and poor economic performance has created a challenging environment for investors.
  • Caution is advised as these factors are likely to continue impacting market conditions in the near term.

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Overview

South Korea's stock market has been in shock in recent weeks, following the country's sporadic declaration of martial law. This decision has had many knock-on effects on the economy and stock market, which were already relatively weak

This article was written by

854 Followers
I am interested in frontier/emerging stock markets and other international markets (i.e. Japan/Korea). My articles will primarily focus on stocks I am monitoring now based on quality of management/emerging market exposure/valuation.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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