Individual investors are finished… August stock market, foreigners and institutions will dominate 'Leading stocks that make money are changing' | Director Park Hyunsang

Summary

Director Park Hyunsang discusses the August market outlook, forecasting a leadership shift to foreign and institutional investors from retail. He maintains that semiconductor giants Samsung Electronics and SK hynix will continue to lead, with semiconductor equipment stocks poised for a potential breakout. KOSPI targets 7,500 short-term, and KOSDAQ could rally sharply on low liquidity and biotech catalysts. He advises watching foreign flows for rapid sector rotations.

• August market leadership shifts from retail to foreign and institutional investors.
• Semiconductors (Samsung Electronics, SK hynix) maintain leadership until a clear sector rotation appears.
• AI cycle drives demand for semiconductor equipment/materials, with stocks like Samsung Electro-Mechanics and SK Square seeing upside.
• Leveraged ETF disruptions fading; direct investment in strong underlying stocks is preferred.
• Short-term KOSPI outlook targets 7,500 points after recovering from the panic drop.
• KOSDAQ attractive due to heavy short selling, thin liquidity, and upcoming biotech season in September.
• August likely features foreign-led quick sector rotation; monitoring foreign daily flows is critical.