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Goldman Sachs says South Korea's red-hot stock rally still has room to run

South Korea's benchmark Kospi index crossed the 7,000 mark earlier this week to trade at all-time highs, but there may still be further gains ahead, according to Goldman Sachs.

Jung Yeon-je/AFP/Getty Images

  • Goldman Sachs calls South Korea its top market in Asia and raised its Kospi target to 9,000.
  • AI-driven demand for memory chips has supercharged South Korea's hot market.
  • Goldman says South Korean stocks still look attractive despite one of the world's hottest rallies.
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