[Good Morning Stock Market] US-Iran Conflict... "Limited Impact on Domestic Stock Market"

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[Asia Economy Reporter Park Jihwan] The global financial market anxiety caused by the military conflict between the United States and Iran is calming down within a day.

With no American casualties and U.S. President Donald Trump drawing a line against military retaliation, financial markets worldwide are showing signs of relief. However, the status of the nuclear negotiations between the U.S. and Iran remains a key variable going forward.

◆ Han Ji-young, Cape Investment & Securities Researcher = Although the possibility of war is low, the geopolitical conflict between the U.S. and Iran is expected to prolong. On the 8th, the Iranian Revolutionary Guard Corps attacked U.S. bases stationed in Iraq, spreading risk aversion sentiment across Asian stock markets. However, since the U.S. proposed economic sanctions rather than military retaliation, it is judged that the war risk has been settled for now.

As the geopolitical conflict between the two countries is expected to continue, the market needs to become accustomed to new news flows beyond trade disputes. As an alternative, the possibility of a visible turnaround in the overall earnings of domestic listed companies is expanding, led by Samsung Electronics' Q4 earnings surprise, so a buying strategy is recommended during corrections, focusing on large-cap stocks.

◆ Shim Hye-jin, Samsung Securities Researcher = Additional terrorist attacks by Iran may occur, but it has been confirmed that neither the U.S. nor Iran desires a full-scale war. Therefore, the impact on the market is expected to be limited. The effect on international oil prices will also not be significant unless there is an actual supply disruption.

The point to watch going forward is the status of the Iran nuclear negotiations. Although no progressive changes are expected for the time being, with the continuation of strong U.S. sanctions, the possibility of a change in Iran's stance around President Trump's re-election cannot be ruled out.

This content was produced with the assistance of AI translation services.