KOSPI attempts recovery after sharp-drop fears... What shift in fund flows is CEO Kim Jin watching?

South Korea's stock market rebounded intraday, overcoming the sharp drop in U.S. semiconductor stocks and gaining support from bargain hunters. The KOSPI fell to the low 5,600s shortly after the market opened, but quickly turned higher as institutional funds, including pension funds, flowed in. The price appeal following last week's sharp decline and expectations of improved earnings at domestic companies supported the market's downside. Foreign and individual investors continued to sell, while concerns over the profitability of U.S. Big Tech's AI investments remained a burden. However, some observers expect the deterioration in investor sentiment to be short-lived, given that earnings forecasts for the domestic semiconductor industry remain solid. When the market's response to negative factors begins to change in this way, it is worth looking beyond a simple index rebound to the sectors attracting actual buying. From CEO Kim Jin's perspective on market strategy, the key indicators include whether institutional buying continues, whether foreign selling eases, and whether stocks with improving earnings outperform.

■ TOP 3 Stocks with Key Supply and Demand Trends That Move First in a Down Market (Click)

Stock movements are also becoming increasingly differentiated. While Samsung Electronics weakened amid the shock to the U.S. semiconductor sector, SK hynix turned higher intraday and showed relative strength. On the KOSDAQ, Jusung Engineering and some semiconductor equipment stocks also joined the rebound, as money flows diverged within the sector following a correction led by large-cap stocks.

■ Market Sentiment Shifts on Institutional Buying... CEO Kim Jin's Stocks to Watch (Click)

The key question for the market going forward is whether institutional buying can spread beyond a handful of large-cap stocks to the KOSDAQ and small- and mid-cap growth stocks. If foreign selling pressure eases while expectations for a semiconductor industry recovery and company-specific earnings momentum remain intact, the index rebound could prove more sustainable. CEO Kim Jin's strategy focuses not on expecting the entire market to rise, but on stocks with strong supply and demand and clear growth drivers. Analysts say it is particularly important to check whether buying continues in stocks that recover quickly after a sharp decline and see rising trading volume.

■ A Turning Point for a November Market Rebound... Which Next Market Leaders Is CEO Kim Jin Watching? (Click)

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SK hynix, Jusung Engineering, Wonik IPS, Alteogen, Samsung Biologics

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