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Can KOSDAQ sustain its rally after stricter ETF rules?
Can KOSDAQ sustain its rally after stricter ETF rules? SEOUL, August 9 (AJP) - South Korea's junior KOSDAQ market has regained momentum after stricter rules on single-stock leveraged and inverse exchange-traded funds (ETFs) took effect, as short-term capital that had been concentrated in such products linked to heavyweight stocks flowed into other areas of the market. According to the Korea Exchange on Sunday, the KOSDAQ rose 23.89 percent to 798.81 points last Friday from 644.78 about a week earlier, just before the rules took ef August 9, 2026