South Korean casino stocks hit a one-year low last week, despite sky-high tourist numbers and rocketing KOSPI performance figures.
South Korean casino stocks have recently experienced a decline, reaching a one-year low, in contrast to the impressive performance of the KOSPI index. The KOSPI, which tracks over 800 common stocks on the Korea Exchange, has been surging due to increased investments from both domestic and international sources. Despite robust tourist numbers, the casino stocks in South Korea have not been able to capitalize on the positive trend.
