Response Strategies Suggested by the Securities Industry Amid Signs of Prolonged War

As the KOSPI index dropped to 5,438 points, continuing its record lows, market expert Kim Young-gu declared that the market has entered a "technically oversold territory." Kim stated, "While Middle East risks continue to weigh on the market, the news that the suspension of US-Iran negotiations has been extended (until early April) may actually provide some breathing room." He analyzed that "there is a significant possibility of a rebound in the early session tomorrow."

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■ SBS Biz CEO Kim Young-gu, making waves among individual investors as a 'masterstroke' (Click)

The three rebound points he suggested are as follows:

① Confirmation of support at the 5,400 level - Signs of buying emerging at the technical support level ② Reduction in the scale of net foreign selling - Accumulation of fatigue after net selling worth 4 trillion won ③ Rebound in oversold stocks such as SK Hynix and Hanwha Aerospace - Validity of individual bargain buying

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Kim warned, "If you stay on the sidelines at this stage, you may miss the initial phase of the rebound." He announced that he would personally provide buy timing for the three stocks through the free real-time alert service.

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