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South Korean equities pick up. Will Canadian miners follow? Add to ...

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One of the best indicators of global economic growth suggests materials stocks have a long way to rally.

The KOSPI, which is the South Korean equity benchmark, is widely used by strategists and economists as a leading indicator of economic growth. It is highly sensitive to changes in the pace of global economic activity because of its proximity to China – South Korea is a major trading hub and ship building center that benefits from Chinese expansion.

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