TradingKey – Japanese and South Korean stock markets stage a dramatic “V-shaped rebound,” with the KOSPI and Nikkei 225 closing slightly higher, while Samsung, SK Hynix, SoftBank, and Kioxia all gained around 3%.

During the Asian trading session on July 14, Japanese and South Korean stock markets experienced an extremely tense “long-short shakeout” and a “post-aftershock bottoming out and rebound.” Both markets opened lower in the morning session and plunged further intraday under the shadow of US-Iran tensions and overnight losses in US equities, but later staged a resilient rally to close higher, bolstered by a strong influx of oversold buying and bargain-hunting capital.

The KOSPI index once plummeted uncontrollably by over 5% around…