StocksMedium•9 November 2026•
1 min read
Asian Markets Sink Despite Strong 3.4% GDP Growth
Key Facts
1South Korea's KOSPI Index sank 11.7% for the week.
2Japan's Nikkei 225 fell 9.3% and Taiwan's TAIEX dropped 12.2%.
3The economy achieved 3.4% Q3 GDP growth despite the market sell-off.
South Korea's KOSPI Index sank 11.7% for the week. Seeking Alpha reported that Japan's Nikkei 225 fell 9.3% and Taiwan's TAIEX dropped 12.2%, marking a significant weekly sell-off across major Asian markets.
The economy achieved 3.4% Q3 GDP growth despite the market downturn, highlighting a disconnect between economic fundamentals and equity performance. This correction follows record highs in valuations, while South Korea previously reported an annual inflation rate of 2.8% on November 2, 2026.
South Korea is scheduled to release Unemployment Rate data on November 10, 2026, with forecasts expecting a rate of 2.8% following the previous 2.6%.