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Goldman Sachs sees South Korea's KOSPI positioned for near-term breakout above 7,000-7,200
Goldman Sachs anticipates the KOSPI will break out above the 7,000-7,200 range, supported by improving institutional and foreign buying. Strong momentum in memory chips and Samsung's dividend are providing additional tailwinds. However, Goldman warns that October could bring headwinds as Samsung goes ex-dividend and major corporate buyback programs expire.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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