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KOSPI May Reclaim 6,600-Point Level

Source: Nasdaq

Market Technicals & FlowsInvestor Sentiment & Positioning

South Korea’s KOSPI rebounded higher on Thursday, reversing the prior day’s end to a two-day win streak. The index is now just below the 6,580-point level and is expected to open higher again. The move appears more like near-term sentiment/technical support than a fundamental catalyst.

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