Kospi stabilisation at the horizon = > nasdaq pain may be over
u/doronj ·
Reddit — r/stocks
· July 30, 2026 at 10:36
· ⬆ 20 pts
· 💬 27 comments
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Hi guys
My take: Kospi pe ratio is 15.77 today. The 5 and 10 yr avg of pe is 10.7 and 10.3.. that was before the AI premium. So, the pe ratio today is around the area that should be given the AI premium ( samsung and skhy increased earnings outlook and yoy increases, h/s capex etc). In simple terms this os where kospi can comfortably sit and stabilise before the next leg up. The worst I think, is over. There will be small variations here and there but the days of -30% to -40% in korean stocks are over. If kospi stabilises, nasdaq tech will stabilise allowing the fundamentals to resurface as a decision making tool. Bodes well for sndk, mu but also nvda