Kospi Rebounds 4% as Wall Street Banks Target 10,000 Points Amid Retail Leverage Risks
2026-07-21 15:09

Woofun AI reports that Wall Street institutions have issued buy signals for the Kospi index following a 30% decline from its June peak. Citigroup characterizes the correction as technical, maintaining a 10,000-point target, while Morgan Stanley sets a range of 6,000 to 9,000 points. The index rose 4% today, driven by Samsung Electronics and SK Hynix gains. This rebound occurs despite significant retail investor losses from leveraged ETFs and the Bank of Korea's recent 25 basis point rate hike.

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Citigroup
Morgan Stanley
Goldman Sachs
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