Market Wrap: South Korea Defensive Cohort shaped the close

🇪🇺 The session closed with a late rotation into Australian resource and finance stocks amid a broader shift into defensive themes, but caution lingers as the market's core momentum remains uneven. The South Korean Defensive Basket and the Korean Industrial-Tech Cohort both gained traction, confirming a shift in sector leadership that began with the South Korea Defensive Cohort earlier this morning. The top movers - NDA-SE.ST, BARC.L, NESTE.HE, KEMIRA.HE, EDPR.LS, NHY.OL - faded or held their ground, signaling a tentative but notable rotation. What matters next is whether this defensive tilt can sustain into next week or if it’s a fleeting repositioning. The key names on the watchlist - AC.PA, BC.MI, ADDT-B.ST, DIE.BR, HLMA.L, HWDN.L - will be crucial to confirm whether the rotation broadens or remains confined to the current sectors. The market’s next move hinges on whether the rotation into Australian resource and Korean industrial themes can hold, or if broader sector divergence resumes.