It is an analysis that the domestic stock market has entered the overheated zone. However, it is predicted that it will rise further after undergoing an adjustment. If the stock market falls, it is advised to increase the proportion of structural growth stocks such as Internet secondary battery semiconductors and exporters such as semiconductors and automobiles.
Lee Kyung-min, head of the investment strategy team at Daishin Securities, said on the 6th, “The domestic stock market has entered a short-term overheating phase due to a surge in the end of last year and early this year.” “I decided that the time to rest is nearing.
“The mid- to long-term trend has diverged greatly according to the short-term trend.” I continued,” he explained.
“This year, the KOSPI is highly likely to enter the second phase after a short-term adjustment in the first quarter,” he said.
As a variable for expanding volatility, he said, △The global economic recovery rate is slowing △Intensifying pandemic of the new coronavirus infection (Corona 19) and anxiety caused by a variant virus △Strengthening blockade measures in major countries since December last year △Expanding uncertainty in 4Q earnings They cited the weakening of the net buying strength of ants.
It is explained that if the stock market is adjusted, structural growth stocks and export stocks should be included in the portfolio (investment asset group).
“Since Corona 19, global policy, society, and culture change will increase the attractiveness of structural growthism such as the Internet, rechargeable batteries, and new and renewable energy.” And representative export stocks such as automobiles should also be paid attention.”
As of 10:18 am on the day, the KOSPI index is trading at 2987.77, down 2.8 points (0.09%) from the previous day. During the week, it soared to 3027.16, exceeding 3000 points for the first time. It can be interpreted that the fact that profit-taking sales poured out from the surge affected the index.
Lee Song-ryul, reporter Hankyung.com [email protected]
Ⓒ Hankyung.com prohibits unauthorized reproduction and redistribution