[May 18, 26th Afternoon Broadcast Full View] KOSPI 2 Consecutive Trading Days Sell Sidecar, Foreigners Still Turn Away...Exchange Rate Also Broke 1,500 Won [Closing Bell Live]

Summary

The video covers a volatile session on KOSPI that triggered a sell-sidecar but recovered, driven by Samsung Electronics and SK Hynix. Panelists emphasize buying large-cap semiconductor stocks on pullbacks while cutting weak small-caps and holding cash. Macro concerns over US Treasury yields, oil prices, and the Iran situation remain, but AI semiconductor cycle fundamentals are strong.

• KOSPI opened sharply lower on US rate fears but reversed to close positive, led by Samsung Electronics and SK Hynix.
• Panelists advise using pullbacks to increase exposure to semiconductor large-caps and reduce small/mid-cap positions.
• US 10-year yield above 4.5% remains a key risk for risk assets, but AI-driven semiconductor demand supports fundamentals.
• Nomura raised target prices for Samsung (59,000 won) and SK Hynix (400,000 won), citing structural growth.
• LS Electric won a major US AI data center power equipment order, reinforcing the power infrastructure theme.
• Hanmi Semiconductor is recommended as a watch for Q2 recovery, while biotech is avoided due to rate sensitivity.
• Space X IPO-related stocks are seen as a short-term trading play to be sold before the listing.
• Cash holdings of 20-30% are recommended to navigate the expected range-bound market over the next month.