"Isn't our market still significantly undervalued compared to other countries?" (President Yoon Suk Yeol)
"Yes, that's right." (Financial Services Commission Chairman Lee Eok-won)
On the 28th, President Yoon Suk Yeol presided over a cabinet meeting and emergency economic inspection meeting at the presidential office, where he exchanged words with Financial Services Commission Chairman Lee Eok-won. The KOSPI index broke through the 6,700 mark for the first time during trading that day, showing a remarkable upward trend despite concerns about the prolonged Middle East war.
To President Yoon's question, Chairman Lee replied, "Recently, corporate earnings have increased significantly," and added, "There are many evaluations that (the Korean stock market) is undervalued compared to its PER (price-to-earnings ratio)."
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It seems like it will go up like a total score :)
