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Brokerages warn of further Kospi downside

· By Choi Yeon-jae
Story summary

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 equit…

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