Goldman Sachs names the South Korean stocks that could be inflation winners

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

New for subscribers: Goldman Sachs names the South Korean stocks that could be inflation winners. Check out CNBCPro today.

An investor looks at an electronic stock board at a securities company in Seoul, South Korea on August 8, 2011.Goldman Sachs has named the South Korean stocks that could benefit — or lose — from rising inflation in the North Asian country.would raise operating costs and weigh down profit margins.

In South Korea, both producer and consumer prices have climbed higher in recent months as the economy recovers from last year's downturn caused by the Covid-19 pandemic. Goldman said that generally, South Korean companies can withstand further increases in prices. Here's the bank's list of stocks that could be winners and losers from rising inflation.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UBS says buy these cheap stocks with pricing power amid higher inflationNew for subscribers: UBS says buy these cheap stocks with pricing power amid higher inflation. Check out CNBCPro today.
Source: CNBC - 🏆 12. / 72 Read more »