(Bloomberg) -- Investors should buy South Korean
shares after last week's $2.1 trillion global rout as the earnings
outlook at the nation's companies remains robust and as local
investors pour more funds into the stock market, UBS AG said.
The Kospi index rose to a record last week, closing above
2,000 for the first time. The benchmark, which has jumped 34
percent so far this year and is the region's fourth-best
performer, may reach 2,300 in the next 12 months, UBS estimated.
Read more at Bloomberg Stocks News
shares after last week's $2.1 trillion global rout as the earnings
outlook at the nation's companies remains robust and as local
investors pour more funds into the stock market, UBS AG said.
The Kospi index rose to a record last week, closing above
2,000 for the first time. The benchmark, which has jumped 34
percent so far this year and is the region's fourth-best
performer, may reach 2,300 in the next 12 months, UBS estimated.
Read more at Bloomberg Stocks News
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