律动BlockBeats
律动BlockBeats|Aug 11, 2026 07:52
[Macquarie: Kospi Index Expected to Rebound in the Short Term Driven by Samsung and SK Hynix] BlockBeats News, August 11, Macquarie analysts stated in a report that South Korea's benchmark index, Kospi, is expected to rebound in the short term, driven by chipmakers Samsung Electronics and SK Hynix. Analysts pointed out that the extreme volatility in July was primarily driven by these two stocks, which together accounted for 71% of the total market capitalization loss. However, as the outflow of foreign and institutional funds stabilizes, concentrated holdings are reallocated, and margin trading balances remain at reasonable levels, market volatility is easing, and the risk of sudden severe fluctuations is limited. Macquarie expects earnings revisions to drive the Kospi higher, with Samsung Electronics and SK Hynix overcoming concerns about peak demand and competition. They added that the rapid earnings growth of these two companies should translate into substantial returns for shareholders. Macquarie maintains its target level for the Kospi at 8,000 points. (Jin10)
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