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Kyoto: Lowering the Korean General Index pessimism target to 6,000 points due to low investor sentiment Fancy

On 20 July, Morgan Stanley lowered the Korean Grossing Price Index (KOSPI) pessimistic scenario from 6,500 points to 6,000 points, claiming that the sharp increase in the index earlier this year had left many investors in a state of panic and highs. In his research, the analyst wrote: “The leverage exchange trading fund (ETF) has pushed the Korean composite index and chip plate to a continuing high and the market has shown that the trade is tired.” The Republic of Korea consolidated index benchmark target of 9,000 points was maintained in the city, while the index was adjusted downwards from 3 to 6 months to 6,000 to 9000 points. In terms of industry configuration, the Bank has increased the level of its communication services to a high level; the bank blocks have been given top priority, followed by information technology, industrial manufacturing and health care. Within the industrial plate, F-FDTL workers are the first choice, followed by shipyards, power generation/nuclear power, overseas engineering and contracting. " From a medium-to-long-term market perspective, market-side staggered proliferation is a trend; however, in the short term, it will not be possible to reverse the trend significantly, unless the reforms lead to a valuation revaluing or a strong rise in industrial manufactures alone.”

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