Analyst expects KOSPI to open higher after steep selloff
Mirae Asset Securities executive Seo Sang-young forecast that South Korean stocks would open higher on November 9, supported by bargain buying after a sharp selloff and gains in U.S. semiconductor shares. The KOSPI had closed the previous session down 6.02% at 5,059.69. Seo identified data-center regulation, AI infrastructure companies’ credit risks and interest-rate developments as factors shaping the week’s market direction.