2023 Stock Market Outlook ①Securities Firms “KOSPI 2135~2550 Expected in the First Half” - Chosun Biz

Chosun Biz conducted a survey on the domestic stock market outlook for 2023 with 17 securities firms’ research centers.
The expected range of the KOSPI index in the first half was 2135.33 on average at the bottom and 2550.66 on average at the top.
Stock market experts expect the weak market trend to continue in the first half of this year.
There was some disagreement on the possibility of further decline.
The key is the final interest rate level of the US Federal Reserve and the possibility of economic recession.

Stock Schedule | News - Paxnet Stock Portal

The stock schedule provided by Paxnet Stock Portal is a service that allows you to see the major domestic and foreign issues and schedules at a glance every day.
Today’s major issues include stock trends of EcoPro, LG Energy Solution, Hyundai Motor, KT, Samsung Electronics, etc., Fed interest rate, technical analysis, opening check, top buy settlement, dividend, e-disclosure, closing check, etc.
Today’s major schedules include Naver-Socar ‘smart mobility’ alliance signing ceremony, FOMC results announcement, expected operating profit and performance announcement of major companies, etc.

EcoPro, a company that produces anode materials for electric vehicle batteries, has surpassed 10 trillion won in market capitalization as its stock price soared recently.
EcoPro’s stock price rise has completely deviated from the expectations of securities firms, causing confusion and concern in Yeouido.
EcoPro’s target price has risen more than twice since the beginning of this year. The current average target price is 130,000 won, which is more than 20% lower than the current price.
EcoPro’s stock price rise was driven by positive factors such as the growth of the electric vehicle market and the increase in demand for anode materials, the development of high-value-added products, and overseas expansion.

LG Energy Solution is a company that researches, develops, manufactures and sells battery-related products for EV (Electric Vehicle), ESS (Energy Storage System), IT devices, power tools, LEV (Light Electric Vehicle), etc.
LG Energy Solution recorded the No.1 global EV battery market share in 2022. The market share of Korean EV battery three companies was 53.4%.
LG Energy Solution continued to grow with the increase in sales volume of Tesla Model 3, Model Y, Ford Mustang Mach-E, Volkswagen ID.3, ID.4, etc.
LG Energy Solution’s export amount exceeded 8 trillion won based on January-November 2022.

Samsung Electronics is expected to exceed 13 trillion won in operating profit in the second quarter of this year thanks to the performance improvement of semiconductor and display businesses.
The semiconductor business improved its profitability due to memory price increase and server·PC demand increase. The non-memory business also achieved good performance by expanding production of next-generation semiconductor processes and increasing foundry demand.
The display business improved its profitability due to smartphone panel price increase and OLED panel demand increase. LCD panel prices also maintained stability and contributed to performance.
Samsung Electronics will announce its preliminary results on July 28.

Hyundai Motor launched ‘Avante N’ today.
Avante N is the fourth model of Hyundai Motor’s high-performance brand N, which is expected to enhance its competitiveness in the sports sedan market.
Avante N is equipped with a gasoline turbo engine with a maximum output of 280 horsepower and a maximum torque of 40kg.m, and an 8-speed dual clutch transmission (DCT).
Avante N emphasizes sportiness with exterior and interior features such as N grill, N exclusive wheel, red brake caliper, rear spoiler, N exclusive digital cluster, N exclusive sports seat, alcantara steering wheel, etc.

KT announced today that it has surpassed 10 million 5G customers.
KT achieved the record of 10 million in about seven months after surpassing 8 million in December last year.
KT also ranked first in 5G market share. According to the data from the Statistics Korea, as of the end of June this year, KT’s 5G subscribers accounted for 38.8% of the total subscribers.
KT is continuously investing to improve the quality and diversity of its 5G services. Recently, it introduced ultra-wideband 5G service with ultra-high speed, ultra-low latency and ultra-connection.

Konan Technology is expanding its ‘digital twin’ business using AI technology.
Digital twin is a technology that reproduces the real physical world virtually and interacts with data.
Konan Technology processes various types of data required for digital twin using its own developed unstructured data analysis technology and builds artificial intelligence models.
Konan Technology recently participated in the largest digital twin project in Korea, ‘Seoul City Digital Twin Construction Project’.

Future Semiconductor succeeded in ‘ddassang (the opening price is twice the public offering price and then reaches the upper limit)’ on the first day of entering KOSDAQ market.
Future Semiconductor started the market with an opening price of 12,000 won, which is twice the public offering price (6,000 won), and reached the upper limit by trading at 15,600 won.
Future Semiconductor is a semiconductor equipment manufacturer that produces wafer probe cards and wafer probe stations used in semiconductor manufacturing processes.
Future Semiconductor recorded sales of 16.1 billion won in the first half of this year, up 58.4% from the same period last year, and operating profit increased nearly three times to 2.7 billion won.

Konan Technology is expanding its ‘digital twin’ business using AI technology.
Digital twin is a technology that reproduces the real physical world virtually and interacts with data.
Konan Technology processes various types of data required for digital twin using its own developed unstructured data analysis technology and builds artificial intelligence models.
Konan Technology recently participated in the largest digital twin project in Korea, ‘Seoul City Digital Twin Construction Project’.