July 1 Closing Market Conditions: Korean Stock Market 'Manic-Depressive'? KOSDAQ Celebrates Its Thirtieth Birthday! The Mood is Good, But a 'Real Rebound' is Questionable... | Hong Seonae, Lee Gwonhui, Jang Woojin [Closing Bell Live]

Summary

On July 1, KOSPI fell 2% as Samsung Electronics and SK hynix declined, while KOSDAQ rose 1.4% on broad gains. Lee Kwon-hee interpreted the memory sell-off as a consolidation offering buying opportunities and highlighted power grid, shipbuilding, defense, and nuclear sectors as strong. He also flagged breakouts in Isu Petasys and space plays HVM/Spear. Jang Woojin urged caution on KOSDAQ, noting weak volume and technical resistance.

• KOSPI down 2% led by Samsung Electronics (-5.8%) and SK hynix (-3.4%); KOSDAQ up 1.4% with 1,193 advancers.
• Lee Kwon-hee views semiconductor memory dip as temporary consolidation and a long-term buy-on-weakness opportunity.
• Power equipment stocks surge on AI data center, renewable energy, and Honam cluster infrastructure investments.
• Shipbuilding, defense, and nuclear sectors rebound on strong orders and earnings expectations.
• Isu Petasys breaks above 120,000 won resistance with volume and institutional accumulation.
• HVM and Spear benefit directly as SpaceX launch cadence increases, offering entry near 50,000 won.
• Jang Woojin warns that KOSDAQ's rally lacks volume and faces strong resistance at the 20-day moving average, advising against chasing.
• Rotation from large-cap semiconductors into lagging small/mid-caps may continue, but sustainability remains in question.