Go to the Globe and Mail homepage

Jump to main navigationJump to main content


Look to South Korea for a read on Canadian mining Add to ...

Subscribers Only

Canadian investors pay far less attention to South Korea than they do to China – and that’s a mistake. South Korea offers a much better read than its larger rival on where Canadian stocks are headed next.

The chart below demonstrates how the KOSPI, South Korea’s primary equity benchmark, and the S&P/TSX Diversified Mining Index have moved in tandem over recent years. The correlation between the two indexes is a remarkably high 0.92 – substantially higher than the correlation between domestic mining stocks and the Shanghai composite.

Report Typo/Error

Follow on Twitter: @SBarlow_ROB

Next story




Most popular videos »

More from The Globe and Mail

Most popular