South Korea's VKOSPI Volatility Index Surges to 85 in June, Up 3.5x Year-on-Year

South Korea's KOSPI 200 Volatility Index (VKOSPI), also known as the country's fear gauge, averaged 85 in June and has surged over 3 times year-on-year. Amid the extreme market swings, retail investors' margin trading balances have reached record highs, with leveraged investment activity intensifying as traders pursue short-term gains.
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