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NH Investment & Securities Identifies KOSPI 6000 as Floor, Expects Rebound to 7000 Level

2026-07-20 03:07:51

NH Investment & Securities0.84%

According to NH Investment & Securities, South Korea's KOSPI benchmark has reached a level where 6000 represents the bottom floor support on July 20. The securities firm estimates the index could rebound toward the 7000 early-to-mid range in the near term, citing multiple headwinds already priced in. Kim Byung-yeon, head of investment strategy, noted that while short-term spike declines remain possible, the market is now positioned for technical rebounds within 2-3 days. The firm attributes recent weakness to semiconductor peak-out concerns, Middle East geopolitical risks, and supply-demand imbalances, but expects stabilization following next week's big tech earnings reports and Federal Reserve decision.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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