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Friday 11 January 2013

KOSPI 200 Index: 11 January 2013, Friday, 12.05am Singapore Time

KOSPI 200 Index: 11 January 2013, Friday, 12.05am Singapore Time

Korea will be resuming a major bull rally. 

KOSPI 200 Index has an upside of +30% from break up point (GREEN BOX),
and 
is expected to rally from break up point of 260 points to projected target of 340 points.

Strong BUY:
KOSPI Index / KOREA ETFs
iShares MSCI South Korea Index (NYSE: EWY), listed in New York Stock Exchange
EIP XIE Korea (KOSPI 200) ETF (HKSE: 03090), listed in Hong Kong Stock Exchange
Lyxor Korea 10US$ (SGX: AO9). listed in Singapore Stock Exchange

Donovan's Market Analysis:

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