South Korean brokerages are warning of further downside in the Kospi as foreign selling and weakening trading activity weigh on stocks. Korea Investment & Securities has identified 5,200 as a potential floor, while Goldman Sachs has slashed its 12-month target by 25 percent, though it remains bullish on Korean equities. The outlook comes ahead of major central bank meetings this week, with investors watching for policy signals that could determine the market's near-term direction.