The South Korean KOSPI Index has rebounded once again, following the South Korean Finance Minister's commitment to easing stock market volatility

BlockBeats News, August 4th, according to Bitget data, the South Korean KOSPI index once again rose by over 1% intraday after previously falling by over 2%.

Earlier, South Korean Finance Minister Hong Nam-ki stated at a cabinet meeting on Tuesday that he would strive to mitigate the volatility of the South Korean stock market. Hong Nam-ki also mentioned that the Ministry of Finance will promptly implement the measures recently announced to restrict the use of single-stock leveraged ETFs.