Karnage: Korea Kospi Suffers Biggest Crash In History - Is It A Buying Opportunity?
Karnage: Korea Kospi Suffers Biggest Crash In History - Is It A Buying Opportunity? Yesterday we discussed the dramatic move in Korean stocks, which saw the Kospi tumble by 7.4%, its biggest drop since the August 2024 carry trade unwind, and which put a dramatic halt to the historic meltup in the country's stock market driven almost entirely by memory (Samsung and SK Hynix) and semiconductor stocks. However, as we noted earlier this week when we pointed out the unprecedented pi...
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South Korea’s wild week ends on a flat note. Here’s what Goldman Sachs expects next.
Goldman Sachs raises its index earnings forecast for the third time this year and sets a 7,000 target for the KOSPI, 25% above current levels
By Jules Rimmer
Read full article →Karnage: Korea Kospi Suffers Biggest Crash In History - Is It A Buying Opportunity?
Karnage: Korea Kospi Suffers Biggest Crash In History - Is It A Buying Opportunity? Yesterday we discussed the dramatic move in Korean stocks, which saw the Kospi tumble by 7.4%, its biggest drop since the August 2024 carry trade unwind, and which put a dramatic halt to the historic meltup in the country's stock market driven almost entirely by memory (Samsung and SK Hynix) and semiconductor stocks. However, as we noted earlier this week when we pointed out the unprecedented pi...
By Tyler Durden
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