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BNP Paribas Expects S Korean Govt to Step In to Ease Econ Impact of Iran Conflict
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BNP Paribas anticipates that the South Korean government will introduce support measures to mitigate any economic impact that may arise from the tensions in the Middle East. The severity of the impact may depend on the duration and scale of the conflict. In terms of the stock market, BNP Paribas believes investors may seek other factors to support the South Korean stock market, such as falling oil prices, retail investors repatriating overseas holdings, foreign investors buying on dips, and strong demand for AI capital expenditure and new product launches. AAStocks Financial News |
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