Reported about 15 hours ago
JPMorgan Chase & Co. forecasts that South Korea's equity benchmark, the Kospi Index, could rise over 50% to around 5,000 in the next two years if governance reforms advance. Recent successes in corporate reform and strong market performance, with the Kospi gaining 32% this year, contribute to this optimistic outlook. President Lee Jae Myung's commitment to implement further governance changes has also bolstered investor confidence.
Source: YAHOO