[KOREAN ECONOMIC NEWS] Good morning, everyone. I’m Byeongyeon Yoo staff of Kamaindia Pvt. Ltd.
Here I have an important Korean economic news to share with you which is as undermentioned.tioned.
Global investment banks posted positive outlook for South Korean stocks with some predicting the country’s benchmark Kospi to top 3,000 near the end of this year, a report showed.
According to the report by the Korea Center for International Finance on Sunday, five foreign investment banks - Nomura, Citigroup, Goldman Sachs, Bank of America Merill Lynch, and JP Morgan offered “overweight” investment rating on Korean stocks while two - Credit Suisse and HSBC - issued “neutral.”
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