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UBS Wealth Mgmt Upgrades S Korean Equities to 'Attractive', Targets 72% Earnings Growth for MSCI Korea This Yr
Recommend 3 Positive 5 Negative 6 |
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UBS Global Wealth Management Chief Investment Office (CIO) has released a report upgrading the rating of South Korean equities to Attractive after a 20% pullback from the peak in the South Korean stock index, an event the broker views as a technical correction rather than a deterioration in fundamentals. The broker targets a 72% earnings growth for the MSCI Korea in 2026, the highest among major Asian markets, with upside risks driven by structural trends such as global AI infrastructure development, digital transformation, and South Korea's leadership in advanced manufacturing. AAStocks Financial News |
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