KOSPI Surges More Than 11% in Historic One-Day Rebound, Outpacing Crypto
South Korea’s KOSPI rallied more than 11% on Thursday, staging a dramatic recovery just one day after suffering the worst single-day drop in the index’s history. The sharp flip from steep losses to one of the fastest one-day gains on record made the KOSPI the standout market of the session and underscored the speed of recent sentiment shifts.
The rebound outpaced moves in major cryptocurrency markets, which posted smaller gains, and highlights ongoing volatility across risk assets. For investors, the swing signals a sudden reacceleration of risk appetite that could affect regional equity flows and trading strategies; whether this represents a durable recovery or a technical bounce will depend on follow-through in the coming sessions.