South Korea’s world-beating stock market eyes its MSCI moment (opens original article in a new tab)

South Korea's stock market, the world's best performer this year, is nearing potential MSCI developed-market status amid volatility and reforms, with analysts expecting a future upgrade despite current challenges.

• South Korea's stock market is approaching potential MSCI developed-market status after a volatile year with a 90% surge in the Kospi index.
• MSCI's June 23 review will determine if Korea moves from emerging to developed-market status, with most analysts expecting a delay but acknowledging long-term likelihood.
• Reforms like extended trading hours and short selling resumption aim to improve foreign investor accessibility, though current market volatility and foreign outflows remain challenges.