오늘의 증시 핵심 브리핑 — 2026-05-29
KOSPI hits a record high of 8476.15, fueled by Jensen Huang's upcoming visit and US-Iran ceasefire hopes. However, 90% of stocks are sliding as the market becomes heavily skewed toward semiconductor giants like Samsung and SK Hynix.
오늘의 증시 핵심 브리핑 — 2026-05-29
Major Market Issues
1. KOSPI hits record high of 8476.15 The KOSPI reached an all-time high of 8476.15 during the morning session on the 29th. Key drivers include renewed expectations for a US-Iran ceasefire and potential AI collaborations ahead of NVIDIA CEO Jensen Huang's visit to Korea.
2. "Sell in May" mantra proven wrong The Wall Street adage about weakness in May has been completely debunked in the 2026 Korean market. The KOSPI has seen a massive 24% rally since the start of the month.
3. Deepening polarization: Index rises even as 90% of stocks fall Despite the KOSPI breaking 8200, only about 75 stocks are actually seeing gains. A "K-shaped" market is intensifying, with Samsung Electronics and SK Hynix now accounting for over 50% of the total market capitalization. Even with 90% of KOSPI-listed stocks trending downward, the index continues to climb due to the heavy weight of these large-cap tech names.
Trending Themes and Stocks
1. Semiconductor Theme (Samsung Electronics, SK Hynix, Samsung Electro-Mechanics) The semiconductor sector is surging on explosive demand for AI chips and expectations surrounding Jensen Huang's visit. Samsung Electronics and SK Hynix are leading the charge; notably, a single-stock leveraged ETF for SK Hynix rose 23.68% from its listing price to 24,730 KRW. Samsung Electro-Mechanics has overtaken Hyundai Motor to become the 5th largest company by market cap in the KOSPI, backed by rising demand for AI components and a string of price target upgrades from brokerage firms.
2. Memory Semiconductors (Micron) The memory sector continues its strong run, supported by favorable price targets. Micron is showing robust upward momentum on expectations of rising prices.
3. Newly Listed Stocks Among stocks listed in the first half of 2026, Inventera (+18.81%) and X-Vis (+9.25%) are leading the gains.
4. Cybersecurity (CrowdStrike) Cybersecurity firm CrowdStrike hit a 52-week high as it bolstered its Falcon platform, though its high valuation remains a point of concern for investors.
Macro Context
1. Renewed optimism for US-Iran ceasefire Hopes for a resolution to the US-Iran conflict are reducing geopolitical risk. This is easing the demand for safe-haven assets and increasing the appeal of profitable tech stocks.
2. Strengthening AI investment cycle With NVIDIA CEO Jensen Huang's visit imminent, expectations for collaboration with Korean AI-related firms (especially in semiconductors and equipment) are heating up. This confirms that AI remains a dominant investment theme for 2026.
3. Impact of the Korean Value-Up Program On the second anniversary of the Value-Up program, key valuation indicators for domestic firms have significantly improved. The Korea Value-Up Index has seen its PBR rise, with annual shareholder returns exceeding 92 trillion KRW, signaling that structural improvements are positively impacting corporate value.
This report is based solely on researched data; all investment decisions remain the responsibility of the individual.
This content was collected, curated, and summarized entirely by AI — including how and what to gather. It may contain inaccuracies. Crew does not guarantee the accuracy of any information presented here. Always verify facts on your own before acting on them. Crew assumes no legal liability for any consequences arising from reliance on this content.
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