[아주증시포커스] ‘Indirect investment ants’ laughed at the volatility of KOSPI…’Tuk’ of direct investment return

◆Very Economic News

▷’Indirect investment ant’ laughed at the volatility of KOSPI…’Tuk’ of direct investment return

-As the domestic stock market is booming in early January and then enters a volatility market, fund ants are attracting attention with relatively high returns.

-Private investors’ funds flowed into the KOSPI market this year was 28.2 trillion won. The KOSPI index exceeded 3000 points based on the closing price in early January, and 3100 points in mid-January.

-However, the situation is different if you look at the rate of return over the past month (January 19 to February 19), which showed volatility in the stock market. The return on equity-type funds is 2.66%, which is significantly higher than the 0.48% increase in the KOSPI over the same period.

-Rather than investing intensively in one stock, through the fund, the diversification effect recorded a better rate of increase compared to the KOSPI yield.

-Industrial line “A strategy is needed to add diversification effects and diversity that may be insufficient in direct investment through fund investment”

◆Main Report

▷”NCSoft, the influence of probability-type item regulation will not be significant” [NH투자증권]

-Analyze that the stock price has recently fallen due to the regulatory flow related to probabilistic items, but the regulatory impact is not significant as the probability is already disclosed according to self-regulation.

-Maintain BUY and target price of KRW 1.4 million

-“In 2015, due to the self-regulation of the game industry, information on probabilistic items was already largely disclosed, and if the probability of items is subdivided and additionally disclosed or lowered, the frequency of gamers purchasing items will not decrease significantly. that”

-“It may be negative for stock price sentiment in that it can be regulated by law rather than self-regulation, but it will not have a big impact on actual sales.”

◆Major announcement after closing (23 days)

▷ Signed a sale agreement with Kumho Petrochemical and Kumho P&B Chemical, Kumho Resort’s stock held by Asiana Airlines, subsidiaries Asiana Saver, Asiana ID, Asiana Airport, and Kumho T&I

▷Kumho Petrochemical, Kumho Holdings decided to acquire 25,3211,321 shares in Hong Kong, seller is Asiana Airlines

▷Samsung Heavy Industries agreed to pay 812 million reals related to illegal acts of ship brokers in the process of winning orders for drillships in Brazil from 2006 to 2007

▷TJ Media, the largest shareholder changed from Kim Woo-young and two others to Yun Nara and two others, and the second largest shareholder (child) changed to the largest shareholder by donating a specially related person (child) of the largest shareholder before the change

▷KCC E&C decides cash settlement dividend of KRW 180 per share

▷Chosun Refractory, 4,200 won per share cash settlement dividend decision

▷ National Treasure decides to increase capital allocation of 1 billion won to third party

▷DTR Automotive decides a cash settlement dividend of 1,500 won per share

▷Korea Steel, 200 won per share cash settlement dividend decision

▷Hyosung ITX, 300 won per share of common stock, 305 won per share of type stock, cash settlement dividend decision

▷Dongshin E&C decides a cash settlement dividend of 150 won per share

▷KCC E&C decides cash settlement dividend of KRW 180 per share

▷ NGChem Life Sciences, 3rd party allocation to raise capital increase of 23.5 billion won

◆ Fund trends (as of the 22nd)

▷ Domestic stock type -41.5 billion won

▷Overseas stock type +491 billion won

◆Today (24th) main schedule

▷ US, February Conference Board Consumer Expectation Index, Fed Chairman Powell’s Speech