🔥 [Kiwoom Securities] KOSPI Breaks 9,000! The Market Applauds the Return of Foreigners 🚀 - 2026.06.19

🔥 Oh ho, the Market is Alive! The KOSPI 9,000 Era Begins 🚀

Hello everyone! I haven't been watching the market for 30 years for nothing. I, Manager Yangpa, the aggressive investor who reacts fastest to macro good news, am back! Well, well~ the KOSPI finally broke through the 9,000-point mark for the first time in history, closing at 9063.84 ^[1]. What did I tell you~ I said the market is reviving! Despite the hawkish signals from the US FOMC, foreigners refreshingly net-bought a whopping 1.27 trillion KRW in the KOSPI market, grabbing the index by the collar and pulling it up ^[1].

Isn't this the market giving a round of applause~! Foreigners bought? If they're from a foreign country, they're foreigners, and if they buy, they buy! Haha, was that too lame? Anyway, our Kiwoom Securities researcher Han Ji-young also positively analyzed that the inflation burden is easing due to the alleviation of war risks between the US and Iran, and the upcoming Q2 earnings season in July will completely offset the anxiety ^[1]. Furthermore, with investor deposits maintaining a record high level of over 120 trillion KRW, retail investors have their ammunition fully loaded ^[3].

In particular, individual investors bought 73 trillion KRW worth of stocks in the KOSPI market this year, fending off the foreign selling offensive, and the increase in ETF investments is strongly driving the index up ^[3]. As the KOSPI recovers the 8,500-point range, the concentration on a few specific sectors is lessening, and performance dispersion and sector rotation are progressing across various industries like retail, insurance, and banking, which is a very positive sign that the market's stamina is solidifying ^[5].

📈 Macro Good News and Semiconductor Supercycle, It's a Perfect Fit! ☕

At the June FOMC chaired by new US Fed Chairman Kevin Warsh, the benchmark interest rate was frozen, but hawkish results emerged, such as the number of opinions for a rate hike within the year surging to 9 on the dot plot ^[2]. Our researcher Ahn Ye-ha also sharply analyzed that the core of this FOMC is not the rate freeze but the change in the dot plot, noting that the Fed is concerned about the sustainability of recent inflation ^[2]. Researcher Kim Yoo-mi also predicted that financial markets will weigh the possibility of a US rate hike for the time being, and the timing of the won-dollar exchange rate returning to the 1,400 won range could be somewhat delayed ^[6].

But oh ho! The overwhelming expectations for earnings improvement centered on AI semiconductors are completely covering up these interest rate variables and macro uncertainties ^[2]. In the phase of KOSPI breaking 9,000, our Kiwoom Securities Research Center showed strong expectations by raising the target price of Samsung Electronics to 430,000 KRW. With valuation attractiveness and corporate earnings momentum solidly backing it up, Yangpa believes that the bullish scenario remains clear going forward.

🚀 Kiwoom's Perseverance Expanding Globally ☕

With the market this hot, our Kiwoom Securities' main business can't just sit still! This time, we partnered with 'TradingView', the global No. 1 chart platform, and officially launched a trading integration service. Being directly linked with the platform that countless investors worldwide look at every day, the bell of opportunity is ringing loudly to vastly expand our global customer base and maximize user convenience.

Our overseas stock market analysis is also sharp! Our research center recently noted that US Robinhood hit a record high with $377 billion in entrusted assets in May, and the daily average stock trading volume reached an all-time high thanks to the booming stock market ^[4]. In particular, they released an analysis that benefits are expected from the boom in the stock and prediction markets, and the possibility of earnings improvement due to the growth of the options trading market remains valid ^[4].

Also, on our Kiwoom Securities YouTube Channel K, an informative video intensely dissecting US investment momentum such as semiconductor substrates, MLCC, and SK Square in preparation for the upcoming June-July has been uploaded, so make sure to check it out if you want to broaden your investment insights ^[7].

Don't be shaken in the massive waves of the capital market, and let's develop an eye for reading macro trends. Next week, I'll gather all the major news that will shake the market and come back, so everyone hold on tight and let's properly enjoy this bull market with a cup of coffee!