June Stock Market Optimism Grows...But Missing This Variable Is Dangerous | Jungpro, Myung Min-jun, Park Ga-young, Jung Tae-geun [Jurin-i Rescue Team]

Summary

Jung Tae-geun discusses Korea's MSCI developed market inclusion prospects, bullish for June. He highlights shipbuilding, nuclear, power equipment, robotics, and battery materials as favored sectors, with specific emphasis on HD Hyundai Heavy and Hanwha Ocean. The National Pension rebalancing risk is a watchpoint.

• Korea is nearing MSCI Developed Markets inclusion, likely in June, which should boost foreign inflows.
• The National Pension Service's rebalancing deferral ending could introduce selling pressure, but is not yet confirmed.
• Shipbuilding sector has strong catalysts from US LNG terminals and naval orders, potentially doubling earnings.
• HD Hyundai Heavy Industries is the preferred shipbuilding name, while Hanwha Ocean may benefit later.
• Nuclear power and power equipment sectors are ranked second and fourth, with policy support.
• Robotics sector is fifth, with long-term potential but unclear catalysts.
• Secondary battery materials are favored over equipment due to the EV-to-ESS capex shift.
• Overall, Jung Tae-geun maintains a bullish outlook for June with few identifiable risks.