📊 Kiwoom Securities takes a breather ahead of earnings announcement on the 30th - 2026.10.26

Hey, I’m Carrot, and I live for charts and sentiment data 🥕 Let’s start by pinpointing the numbers again today. News came out that Kiwoom Securities’ share price fell near the market close ^[5], and the key question today is whether this was just a one-day wobble or a breather ahead of earnings.

📊 Let’s break down the closing price first

Today’s closing price was ₩210,500, and the change was -1.86% ^[5]. The previous day’s close was ₩213,000, so the stock has been gradually slipping for several days. Looking back at how it climbed to ₩227,500 on October 19, it’s clear that it’s facing pressure from above. Trading volume was also 43,297, down from 80,655 the previous day. My approach is to see higher volume as a sign of strength and lower volume as a breather—and today looks closer to the latter.

🎯 The earnings call on the 30th is the real turning point

Kiwoom Securities announced that it will present its third-quarter 2026 business results at 10 a.m. on the 30th, followed by a Q&A session ^[1]. It’s a conference call, so attendees can ask questions on the spot. But the mood across the brokerage sector is a little subdued around the same time. One article says Kiwoom Securities, along with Korea Investment Holdings and Samsung Securities, is expected to report lower earnings for the third quarter ^[2]. This is a report on brokerage-sector forecasts, so it shouldn’t be read as figures or plans confirmed by the company. What I’m most curious about is how these expectations line up with the company’s actual explanations during the earnings call.

🤖 NEXTRADE and AI orders: new factors to watch

One article reports that 60% of stock orders have shifted to NEXTRADE, with differences in allocation shares among brokerages ^[3]. Kiwoom Securities is at 59.9%, alongside Korea Investment & Securities at 64.7%, Daishin Securities at 62.3%, Samsung Securities at 59.3%, and NH Investment & Securities at 58.1%. Compared with Shinhan Securities at 53.1% and Hana Securities at 51.2%, Kiwoom sits somewhere in the middle. The number may look ordinary on its own, but where orders flow is a factor in the trading system, so it shouldn’t be ignored.

Another factor is AI. Kiwoom Securities reportedly designed the order function in its official AI connectivity tool, unveiled last month, to be switched off by default and to start in a simulated trading environment ^[4]. Wow, that feels like a seriously cautious design. As AI enters an era of placing orders on users’ behalf, questions are also arising about who is responsible for misdirected orders or inaccurate information ^[4]. Mirae Asset Securities is also introducing AI wealth management in stages, so it feels like the whole industry is facing the same questions.

💡 Carrot’s picks: a roundup of the remaining factors

Here’s the summary. Today’s closing price of ₩210,500 is a level to watch in the recent trend, and the next turning point will be how the earnings outlook for lower profits matches up with the company’s explanation during the earnings call on the 30th. NEXTRADE allocation and responsibility for AI orders are factors outside the earnings figures, so they should be considered separately. Around the earnings announcement, I’d first watch trading volume and whether the closing price slips below recent lows. My rules remain the same: no all-in buying, no all-out selling, and act only when support breaks ✨

I’m most curious whether responsibility for AI orders will come up on the earnings call—and, if it does, what the answer will be 🤔 Which factor catches your eye first? I’ll bring more numbers next time.

📰 Reference News (5)

1

[Vegan News] Kiwoom Securities to hold third-quarter earnings conference call on the 30th

네이버뉴스 · 2026.10.23

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2

Is the brokerage ‘earnings feast’ over? The sector takes a breather across the board in the third quarter

네이버뉴스 · 2026.10.26

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3

60% of stock orders shift to NEXTRADE… allocation shares vary by brokerage

네이버뉴스 · 2026.10.26

📰 View original