Morgan Stanley said that as of mid-August, the South Korean stock market Kospi Index had achieved a healthy recovery. The rise was no longer limited to chip stocks, and market risks were mitigated, but the trend may still fluctuate in the short term. The index has returned to around 7,000 points, but is still below the 9,000 point target set by the bank. Strategists, including Joon Seok and Heewon Choi, wrote in the report: “We expect Kospi to gradually recover rather than a V-shaped reversal.” They said that in addition to chipmakers and their related concept stocks, more sectors have begun to participate in the rise, which has also provided support for the market. These sectors include defense, healthcare, construction, and telecommunications. According to the report, retail trading activity is expected to remain sluggish in the short term as Korean retail investors once again set their sights on overseas markets; foreign capital flows will remain a key source of market liquidity.

Morgan Stanley said that as of mid-August, the South Korean stock market Kospi Index had achieved a healthy recovery. The rise was no longer limited to chip stocks, and market risks were mitigated, but the trend may still fluctuate in the short term. The index has returned to around 7,000 points, but is still below the 9,000 point target set by the bank. Strategists, including Joon Seok and Heewon Choi, wrote in the report: “We expect Kospi to gradually recover rather than a V-shaped reversal.” They said that in addition to chipmakers and their related concept stocks, more sectors have begun to participate in the rise, which has also provided support for the market. These sectors include defense, healthcare, construction, and telecommunications. According to the report, retail trading activity is expected to remain sluggish in the short term as Korean retail investors once again set their sights on overseas markets; foreign capital flows will remain a key source of market liquidity.