Samsung Q2 Earnings Drive KOSPI This Week; Index Expected in 7,200–9,000 Range

According to multiple Seoul brokerages, Samsung Electronics' Q2 preliminary earnings release on July 7 will be the key market catalyst this week, with KOSPI expected to trade between 7,200 and 9,000 points. Last week, the index fell 3.84% before rebounding to close near the 8,000 level. Samsung's Q2 operating profit consensus currently stands at 84.8–85.6 trillion Korean won, with analysts attributing recent volatility to AI-related concerns following "chipflation" worries and debates over excess computing capacity. A Samsung Securities analyst noted that strong earnings and positive semiconductor demand signals could help reverse current loss-aversion selling pressure and trigger fresh buying momentum.
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