Securities
Research
"Irrational Drop in Semiconductor Stock Prices... Memory Prices to Fall More Sharply and Last Longer"
DaishinSecurities announced on the 22nd that it is maintaining its investment rating of “Overweight” for the semiconductor industry—which has recently experienced a sharp decline in stock prices—citin…
Research
“Even if Early-Morning Delivery Is Allowed for Large Supermarkets, the Impact on Earnings Will Be Limited… Easing Mandatory Closures Is More Important”
Although the government is considering a plan to allow early-morning deliveries by large supermarkets, analysis suggests the impact on actual sales and profits will be limited. It is assessed that the…
Research
"U.S. Semiconductor Stocks Rise and Exchange Rate Pressure Eases Despite U.S.-Iran Tensions... KOSPI Attempts a Rebound"
While U.S. stock markets edged lower amid ongoing geopolitical uncertainty between the U.S. and Iran—despite bargain-hunting in semiconductor stocks—South Korea’s stock market closed sharply lower the…
Research
KOSPI Enters Support Testing Phase… “Support to Be Tested in the Low to Mid-6,000 Range”
With the KOSPI plunging 8.77% last week and entering a technical bear market, analysts predict that the domestic stock market will enter a phase this week where it tests its downside support. Given th…
Research
Semiconductor 'Panic Selling' During the Holiday Period... "Valuations at Historic Lows—an Opportunity to Increase Allocations"
Concerns are growing that the KOSPI may fall further as the global semiconductor sector plummeted across the board during the holiday period. However, analysts in the securities industry have pointed …
Research
“Operating Profit to Drop 20–30% if Foreign Casino Fund Cap Set at 15%… Will Take a Wait-and-See Approach for Now”
Analysts have noted that uncertainty surrounding the earnings of related companies has increased following reports that the government is considering raising the cap on contributions to the Tourism Pr…
Research
“LNG Ship Boom to Last at Least Another 5 Years… Orders and Ship Prices to Rise Together in the Second Half”
Forecasts indicate that the boom in orders for liquefied natural gas (LNG) carriers will continue until at least 2032. Analysts estimate that an average of 90 to 110 vessels will be ordered annually, …
Research
Tourist Numbers Rise and Stays Grow Longer… Expectations for Hotel and Casino Earnings Are on the Rise
An analysis suggests that the growth environment for the leisure sector—including hotels and casinos—is improving, as the number of foreign tourists visiting South Korea has reached an all-time high a…
Research
Mixed Results for Three Casino Operators Despite 14% Increase in Drop Volume
While second-quarter drop revenue for South Korea’s three foreigner-only casinos rose by double digits, the extent of earnings improvement is expected to vary by company. Lotte Tour Development and Gr…
Research
Brokerages Reap Benefits from Surge in Trading Volume… Expectations for Second-Quarter Earnings Rise Further
Forecasts indicate that major securities firms will post earnings exceeding market expectations for the second quarter of this year, buoyed by a bull market. Analysts suggest that securities firms wit…