Perils of leverage 영향력의 위험성

The benchmark Kospi crossing 8,000 points marked a new milestone for investors in South Korea.

Yet it also exposed how quickly celebration can give way to unease.

한국의 대표 지수인 코스피가 8천선을 넘어 투자자들에게 새로운 이정표를 제시했다.

그러나 동시에 축포를 터뜨리는 것이 얼마나 빨리 불안감에 밀려날 수 있는지를 드러내기도 했다.

On Tuesday, the index closed at 8,047.51, up 2.55 percent.

It rose again on Wednesday to 8,228.70.

By Thursday afternoon, however, it had fallen nearly 4 percent before recovering to close at 8,185.29.

In three sessions, the market delive ...