0413 GMT - South Korea's benchmark Kospi could reach 7500 in 2026 after surpassing 5000 in January, according to JPMorgan analysts. They set a base-case target of 6000 and a bull-case target of 7500 for the index this year. Index heavyweights Samsung Electronics and SK Hynix have led the Kospi gains, driven by higher chip prices that will likely continue through 2027, the analysts say in a note. Both stocks still have room to rise 45%-50% in 2026, they reckon. JPMorgan also sees around 20% EPS growth in other nonmemory industrial sectors. The country's continuing governance, market and tax reforms are expected to serve as additional catalysts. (kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
February 02, 2026 23:13 ET (04:13 GMT)
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