KOSPI close to topping out at 2,700
Expecting a choppy ride to 2,700 on the KOSPI by Q1.2021 due to the bullish seasonality of Q4 followed by a choppy downcycle into 3Q. 2022 similar to the one seen from 2018 - 2019.
The rise of USD is denting profitability for Korean companies which are export dependent.
Not expecting a short term crash as the one seen in March 2020 as central banks are willing to buy ETFs to pump markets in case of major drops
The rise of USD is denting profitability for Korean companies which are export dependent.
Not expecting a short term crash as the one seen in March 2020 as central banks are willing to buy ETFs to pump markets in case of major drops
Feragatname
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