KOSE:A138040Diversified Financial
Meritz Financial Group And 2 South Korean Financial Stocks For Rising Rate Watchlists
South Korea’s June CPI reading of 3.2% year-over-year, the highest in 2.5 years, has pushed inflation and interest rate expectations back to the forefront for anyone holding local banking and financial services stocks. With higher prices linked to global oil and a weaker won, and the Bank of Korea’s July 16 meeting now under closer watch for a possible rate hike, some balance sheets may look more resilient than others. This article explains how that backdrop connects to three South Korean...