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Garnry: South Korea 'screaming buy'
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The success of South Korean companies is helping to make the country’s equity market one of the most attractive for investors. Saxo Bank's Head of Equity Strategy Peter Garnry predicts growth of around twenty percent in the South Korean equity market over the next twelve months.
Top carmakers Hyundai and Kia lead the pack when it comes to picking the best stocks to follow and Peter describes them as "screaming buy".
The South Korean Kospi index is up by 6.17% over the last year another example of sentiment surrounding emerging markets turning positive.