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UBS Cuts S Korea KOSPI 12-Mth Target to 8,000, Favors Quality Chip Stocks
2026-09-21 14:17:29 UBS lowered its 12-month target for South Korea's KOSPI to 8,000 from 8,800, reflecting rising interest rates, stronger KRW and higher oil prices. Memory chip stocks including Samsung Electronics and SK Hynix remain the preferred sector. Yet, given slowing growth momentum and tighter liquidity, the bank is shifting toward value and quality stocks with shareholder returns. ~ AASTOCKS Financial News Website: www.aastocks.com | |