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JPMorgan Raises South Korea KOSPI Bull-Case Target to 10,000
JPMorgan raised its bull-case target for South Korea’s KOSPI index to 10,000 points and its base target to 9,000 points. JPMorgan made the revision for the second time in less than a month after previously setting 7,000 and 8,500 point targets in late April. On Monday, the KOSPI rose as much as 5.1% to a record intraday high of 7,876.60 points.