Serenity: Global markets are undergoing an adjustment and the duration is unknown
Odaily reported that "White-haired Stock God" Serenity posted on the X platform, stating that currently global markets are undergoing a correction and it is uncertain when it will stop. The Korea Composite Stock Price Index has fallen 8.18%, including SK Hynix and Samsung. The Nikkei 225 index is down 4.8%. The Taiwan Weighted Stock Index dropped 3.82%. SOI and RKLB are down 30% to 40%.
From personal experience, high beta stocks are hit much harder, but they usually lead the broad indices in declines and often recover earlier. Aside from the typically volatile Korean market, when the main indices begin to drop by 3% to 4% daily, it's generally not a good time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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