Daily BriefsSouth Korea

Daily Brief South Korea: Cosmo AM&T and more

In today’s briefing:

  • Cosmo AM&T: Strong Momentum from Likely Inclusion in MSCI Korea Standard in 2023

Cosmo AM&T: Strong Momentum from Likely Inclusion in MSCI Korea Standard in 2023

By Douglas Kim

  • We provide a fundamental analysis of Cosmo AM&T (005070 KS) (Cosmo Advanced Materials & Technology), which is increasingly likely to become included in MSCI Korea Standard index in 2023.
  • Cosmo AM&T is a borderline inclusion candidate for MSCI Korea Standard in May 2023. If it does not get included in May, it could get included in 2H 2023.
  • All in all, the increasing possibility of MSCI Korea Standard inclusion combined with strong sales and profit momentum could result in a further positive momentum on its share price.

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