KOSPI Drop Seen by NPS Chief as Possible Short-Term Correction Before Rebound

South Korean stocks closed lower on the 15th, but Kim Sung-joo, chairman of the National Pension Service, placed weight on the possibility that the KOSPI’s decline was a short-term correction. Speaking with Maeil Business Newspaper that day about the index’s turn lower, Kim indicated that looking at the stock-price chart did not necessarily suggest an immediate shift into a long-term downtrend. According to the original summary, he viewed the latest fall as a “short-term correction” and suggested the market could pause before rising again. While the domestic market’s weaker close raised concerns over volatility, Kim’s remarks frame the adjustment as a temporary phase within the broader market flow. Source: mk.co.kr