[26.05.12 Afternoon Full Broadcast] Hit 7,999 but turned direction due to foreign pressure... 'Is this the high?' [Closing Bell Live]

Summary

The show analyzes a sharp KOSPI pullback from 7,999, attributing it to foreign selling, policy rumors (national dividend), Samsung union issues, and geopolitical jitters. Guests discuss semiconductor stocks as near-peak but not bubbly, and highlight shipbuilding as a long-cycle opportunity with strong earnings momentum.

• KOSPI hit intraday high 7,999 before closing down 2.3% on foreign selling.
• Kim Jang-yeol warns that major semiconductor stocks are at or above target consensus, advising caution for new buyers.
• Kim Han-jin expects KOSPI semiconductor earnings to peak in 2025, suggesting reduced exposure.
• Hwang Yu-hyun sees healthy pullback and notes increased retail inflow from US investors.
• Uhm Kyung-ah is very bullish on shipbuilding, citing strong orders, LNG demand, and US naval needs.
• Oil and Hormuz Strait risks are identified as the biggest macro threats.
• Biotech and robotics are mentioned as potential rotation plays from secondary batteries.
• Shipbuilding engine business for AI data centers is highlighted as a new growth driver.