Citi: South Korea's KOSPI Index Expected to Rise to 7,000 Points This Year

Glonghui, February 6th｜Citibank stated that due to strong growth prospects for Korean companies and government-led governance reforms boosting valuations, the KOSPI index in South Korea is expected to rise to 7,000 points this year. Citi has significantly raised its 2026 target from the previous 5,500 points. The KOSPI index crossed the historic milestone of 5,000 points in January this year, and recently fell slightly by 1.9% to 5,066.29 points. In its report, Citi pointed out that with comprehensive government support, Korean exporters—especially those in the artificial intelligence and robotics sectors—are expected to achieve strong profit growth. Citi also added that the current AI-driven semiconductor boom cycle appears to be stronger than the cycle from 2001 to 2007.