According to the latest data, the Korea Kospi index suffered its most severe decline since 2020 in the fourth quarter of 2023. Specifically, the Kospi fell cumulatively by 14.2% in the fourth quarter, mainly driven by rising global interest rates and geopolitical risks. In particular, the decline in October was the steepest, reaching 8.7%. In addition, major Korean companies such as Samsung Electronics and Hyundai Motor were also significantly affected, with their market capitalizations shrinking by 12.3% and 9.8%, respectively. Market analysis indicates that as the Federal Reserve continues to raise interest rates, external pressure on the Korean stock market has intensified. Although the South Korean government rolled out a fiscal stimulus package of about $15 billion to ease market pressure, its effects have yet to become clearly apparent. At present, investors are still closely monitoring the global economic outlook and the quarterly earnings reports of Korean companies. #KospiPostsWorstQuarterSince2020