AdvertisementSouth Korea's political turmoil is likely to make the 'Korea discount' in stocks harder to shake off. South Korean President Yoon Suk Yeol's short-lived martial law announcement is undoing one of his top goals: boosting the value of stocks. Shares of Samsung Electronics, South Korea's largest company, tumbled as much as 3% before paring losses. AdvertisementThe latest political turmoil in South Korea isn't going to help — particularly since South Korean stocks have already been plagued by the so-called "Korea discount" for decades. The 'Korea discount'The "Korea discount" refers to the phenomenon whereby South Korean shares generally trade at lower valuations than their overseas peers.

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Persons: Yoon, Yoon Suk, Yoon —, —, Vishnu Varathan, retards, Hyosung Kwon, Rory Green, GlobalData.TS Lombard, Green, Jun Rong, Kim Jin, wook, China's CSI300 Organizations: South, US, Samsung Electronics, Korea's, Mizuho Securities, Bloomberg Economics, Citi, Reuters, Nikkei Locations: Korea, North Korea, Seoul, South Korea, Asia, Japan, South, GlobalData.TS