KOSPI Expected to Bottom Out and Rebound by Late July, IBK Securities Says

According to IBK Securities, South Korea's KOSPI index is expected to hit bottom and rebound by late July as foreign investor selling pressure eases. The brokerage released the forecast on July 21. However, the sustainability of the rebound depends on whether foreign selling actually subsides and whether U.S. tech giants maintain their momentum in expanding artificial intelligence infrastructure investments.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments