Nomura silences AI doubters, says Kospi can hit 10,000 mark to double as fundamentals are intact
Economic Times 56 min ago·6 Nov 2026, 5:56 am
The KOSPI slipped to its lowest level in nine months after investors grew nervous about possible changes in U.S. policy that could curb spending on AI infrastructure and, by extension, reduce demand for Korean chips.
Nomura, however, argues that the market’s underlying health remains solid. The broker points to strong earnings, robust export orders and a supportive domestic monetary stance, and it has set a near‑term target of 7,500‑8,000 points, with a longer‑run view that the index could climb to the 10,000 level.
Going forward, traders will be watching U.S. political developments, quarterly results from the country’s major semiconductor firms, and any shifts in global AI spending. Domestic policy cues, such as interest‑rate moves by the Bank of Korea, could also influence the path of the index.
Key takeaways
- Category: Economy.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
