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Morgan Stanley Overweights Korean Stocks; Forecasts 36% Kospi Rally

Bloomberg +2 ·

MS Morgan Stanley
$179.49 -2.44%
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  1. 1On Monday, the Korean market was dragged down by losses in Samsung Electronics (005930.KS) and SK Hynix (SKHY), with the Kospi falling 4.5%.
  2. 2Samsung Electronics dropped 7.6% and SK Hynix fell 3.5%, while Morgan Stanley upgraded Korean stocks from Equalweight to Overweight.
  3. 3Morgan Stanley projected that the Kospi could rise 36% from Friday's closing price, noting that recent leverage liquidations have created an entry point for AI investments.

Source Bloomberg +2 · View original ↗

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