KOSPI Rebounds to 6,600 Level on Foreign and Institutional Buying... What Market Trends Is CEO Lee Youngik Watching Today?
On September 4, the domestic stock market showed an upward trend as concerns over U.S. interest rate hikes eased. As of 10:21 a.m., the KOSPI was trading at around 6,668 points, up 1.36% from the previous trading day. The KOSDAQ also rebounded, reclaiming the 800-point level.
Overnight, Federal Reserve Governor Christopher Waller hinted at the possibility of pausing rate hikes, leading to stabilization in U.S. Treasury yields and a broad-based rally on Wall Street. In the domestic market, both foreign investors and institutions switched to net buying on the KOSPI, driving the index recovery.
Samsung Electronics and SK hynix each rose by around 2%, attracting buying interest in large-cap semiconductor stocks. Related stocks such as Samsung Electro-Mechanics and SK Square also performed strongly. On the KOSDAQ, trading remained active, especially among robotics and artificial intelligence-related stocks.
It is in this environment—where large-cap semiconductor stocks are lifting the index and investor interest is shifting toward growth stocks—that CEO Lee Youngik is analyzing the direction of intraday funds.
■ Top 3 Key Stocks to Watch After the Semiconductor Rebound (Click)
Lee Youngik, CEO, commented, "Today, the focus should be on the fact that both foreign and institutional investors have returned to buying on the KOSPI after six trading days." He added, "If the upward momentum in Samsung Electronics and SK hynix continues, it will be important to see whether buying spreads to growth sectors such as semiconductor components, equipment, and robotics."
■ Check CEO Lee Youngik's Trading Strategy and Stocks of Interest for Today (Click)
By individual stocks, TPC Robotics surged 30% on expectations related to industrial robots and automation, while RaonPeople and Robotis also posted double-digit gains. Aprogen Biologics saw strong momentum as it announced a third-party allotment paid-in capital increase of 20 billion won targeting the largest shareholder.
However, even if the index rises, the discrepancies in gains and losses between individual stocks remain significant, so investors should check both trading volume and the sustainability of market inflows rather than relying only on short-term price increases. CEO Lee Youngik is focusing today's recommended stocks on the movements of large-cap semiconductor stocks and rotational buying in the robotics and biotech sectors.
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TPC Robotics, RaonPeople, Robotis, Aprogen Biologics, Aprogen
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