KOSPI Turns Weak After Breaking 7,170

Foreign investors continued spot buying, but individuals and institutions showed a selling advantage, driving the index lower. The KOSDAQ also rose to 847 before closing down 0.19%.

No particular fundamental bad news was identified for today's market decline.

Profit-taking by investors ahead of the holiday was concentrated, and institutional investors' shift to selling accelerated the market decline. Small-cap and large-cap stocks that had risen in the morning turned weak in the afternoon.

This oil price surge acted as downward pressure on stocks. Additionally, the decline in U.S. overnight index futures also affected the domestic market's weakness.

Analysis suggested that even after the domestic market closes, movements in U.S. overnight futures could affect Asian markets the next day.

Foreign investors' reluctance to buy futures from the start of the session was cited as a factor in market unease.

The absence of futures buying alongside index gains suggests a lack of will for further short-term gains.

Although SK Hynix recorded a cumulative 11% gain over the past five days, the process of resolving Samsung Electronics' relative undervaluation was more prominent.

If the entire HBM market grows alongside macroeconomic variables, the two stocks are likely to rise together again. Currently, Samsung Electronics' rise is due not simply to U.S. market influence but to company-specific issues.

Current market supply and demand is unstable, making it hard to expect an 'everybody happy' situation where all sectors rise simultaneously.

The market is expected to show a 'bumpy' flow of repeated ups and downs rather than a straight rise.

Investors were advised to abandon short-term greed and note that the market's overall direction remains upward.

LG Electronics, due to past credibility issues, needs an approach that checks market supply and reaction rather than short-term chase buying.

Samsung Electro-Mechanics is showing stock momentum driven by surging demand for data center MLCCs. Experts suggested a strategy of managing risk through small-scale split buying while watching market reactions.

This technological reinforcement is expected to enhance competitiveness in the data center cooling solutions market.

However, analysts still disagree on the quantitative value and market impact of these figures.

LG Electronics is expected to show a PER (price-to-earnings ratio) of 14 times next year with growth of around 15-20%.

Samsung Electro-Mechanics, on the other hand, has a high PER of 37 times next year, but its growth rate is expected to reach twice that of LG Electronics.

Investors can choose Samsung Electro-Mechanics if they value growth rates, or LG Electronics if they consider a stable valuation room.

Along with the goal of securing a Westinghouse stake, the possibility of an IPO is also being discussed.

Considering next year's growth rate, current valuation attractiveness exists.

Since rotation buying in semiconductor equipment and materials proceeds quickly, a split-buying strategy is more effective than holding for more than two days.

Chase buying is dangerous without carefully analyzing the morning market conditions and responding nimbly.

A strategy of comparing valuations with leading stocks like Hana Micron and buying in splits is emphasized.

The advice is that a short-term perspective is wiser than long-term holding.

The current situation of surpassing 30,000 won is evaluated as a meaningful position, historically the third such occurrence.

In the past, each time it broke through the 30,000-won range, the stock price broke down, so whether it breaks through now draws market attention. The possibility of an additional breakthrough above 33,000 won was suggested.

Meta's new AI service 'Movie Gen' is gaining popularity in the U.S. faster than ChatGPT did initially.

Unlike existing LLMs (large language models), this AI is expected to serve as an AI agent performing direct assistant roles such as shopping within platforms.

This could be an opportunity for Meta, which has faced criticism over results despite massive investments, to establish a turning point.

AI agent shopping processes perform around 10-15 loop iterations.

As users become accustomed to and dependent on agents, data processing volume is expected to increase exponentially.

Strengthening CPU and memory specifications is essential to handle the increasing loop counts and data processing, which is expected to positively affect the related hardware market.

Current stock market fundamentals are solid, with gradual improvement confirmed since July.

Since late August, earnings announcements from Nvidia, Broadcom, Astra, and Muse further confirmed fundamental strength. Whether the market enters a speed race will depend on macro variables.

Experts maintain the outlook that stock prices will ultimately head upward even within a box-range flow.