Woofun AI reports that South Korean President Moon Jae-in stated the domestic stock market requires time to stabilize after an unprecedented sharp rise. During a policy meeting in Seoul, he directed the Financial Supervisory Service and the Korea Exchange to address controversies surrounding leveraged ETFs. The President acknowledged current market instability and urged authorities to formulate follow-up measures.

Meanwhile, the People Power Party criticized the administration for setting ambitious market targets while allegedly ignoring growing leverage risks.