One of the World’s Strongest Stock Markets Is Starting to Fizzle

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The value of Seoul’s stock market topped $1.6 trillion in August, but it has since been hit by slowing growth, rising interest rates and the prospect of lower chip prices.

Seoul has been one of the world’s best-performing big stock markets, with its value topping $1.

6 trillion in August, according to data from the World Federation of Exchanges. But it has since been hit by rising interest rates, slowing global growth, a clampdown on household borrowing and concern that memory-chip prices may have peaked. A

 

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