South Korea’s wild stock price swings are hurting the country’s image. The world’s hottest stock market has become a national liability, with sharp movements raising concern about stability and confidence.

Financial Times Markets reports that the volatility is damaging perceptions of South Korea’s economy and market credibility. The swings underscore risks for investors watching one of the world’s most closely followed stock markets.

As the market’s rapid price movements continue, the issue poses a challenge for the country’s reputation and its ability to attract sustained investor trust.