Goldman Sachs is optimistic about the performance of the South Korean stock market this year, expecting a total return of 23% in US dollars.

Goldman Sachs strategist pointed out that due to solid economic growth prospects, lower US interest rates, and a weak US dollar, the South Korean stock market is expected to continue its strong upward trend in the next year. The Goldman Sachs strategist wrote in a report that they forecast a total return of 23% for the South Korean stock market in 2026, mainly benefiting from corporate earnings expected to grow beyond expectations in a favorable macroeconomic environment, as well as attractive thematic investment opportunities. It is expected that the South Korean economy will rebound this year, and lower short-term US interest rates and a weak US dollar often provide strong support for Asian stock markets, especially the South Korean stock market. Goldman Sachs stated, "Capital expenditures for super-large-scale data centers are driving semiconductor demand growth, leading to severe shortages of DRAM and NAND memory chips, thereby pushing up prices and operating profits in the semiconductor industry."