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South Korea's stock market posts sharpest reversal on record, capping a month of wild swings

7/31/2026

Asian equity markets generated one of their most dramatic sessions in recent memory on Friday, with South Korea's bourse recording the sharpest single-session reversal in its history.

The move brought to a close a month that has earned the "bipolar" label in coverage of the period: a stretch that included steep meltdowns alongside at least one record rally, with little in between to suggest a settled direction.

A cycle without a trend The pattern across recent weeks was not a correction or a recovery. It was both, in rapid succession.

Meltdowns and record highs appeared within the same month, a sequence that makes any directional read unusually fragile.

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