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Profit Surge Expectations Strengthen, South Korea's KOSPI Index Rally Continues

Profit Surge Expectations Strengthen, South Korea's KOSPI Index Rally Continues

格隆汇格隆汇2026/02/09 23:37
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Glonghui, February 10th|Fund managers say that despite the South Korean stock market experiencing a sharp rebound with a market capitalization growth of $1.7 trillion, it has not fully eliminated its long-standing discount relative to its peers, and profit growth provides a reason for this world-leading rally to continue. Asset management company Jupiter believes that although valuations have improved, they are still barely keeping pace with profit forecasts. Sam Konrad, an investment manager at the company, said: "Samsung Electronics has performed very strongly recently, but its price-to-earnings ratio remains very low. If they can allocate a higher proportion of earnings to dividends, the stock may be re-rated." South Korea bulls expect the rally to continue as corporate governance reforms accelerate, with the next possible move being to mandate the cancellation of treasury shares through amendments to commercial law.
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