Macro Dashboard
| Indicator | Level | 5-Day Change | Signal |
|---|---|---|---|
| KOSPI | 8,639.4 | +5.5% | Large-cap supported |
| KOSDAQ | 1,049.7 | −5.0% | Broad weakness |
| USD/KRW | 1,532 | +2.5% | KRW under pressure |
| VIX | 16.6 | +8.4% | Stable |
| US 10Y | 4.49% | +4 bps | Flat |
| Brent | $96.2 | +1.3% | Mild creep |
Regime: KR Bear / US Bull. The 10.5pp KOSPI–KOSDAQ divergence is the headline. Large-cap exporters are holding; domestic small-caps are not. A weakening KRW and rising oil add macro drag for consumer-facing names.
Market Wrap
Source: KR Market Snapshot (same-day DB, 2026-06-04). Full close briefing unavailable for this session.
Breadth tells the story plainly: 916 stocks advanced, 1,043 declined, 203 were flat — across 2,162 names with ADR proxy 87.8 and total turnover of just 2.44 trillion KRW. This was not a broad rally. It was a rotation.
The session’s defining trade was a foreign pivot up the semiconductor value chain. Foreigners sold Samsung Electronics (005930.KS, −2.5%) for −4.40 trillion KRW and SK Hynix (000660.KS, −2.6%) for −1.03 trillion, while domestic institutions stepped in to absorb Samsung (+1.16T KRW net buy). Separately, SK Telecom (017670.KS) fell −13.0% with heavy foreign selling — no apparent fresh negative, but the magnitude suggests real position reduction.
The proceeds appear to have rotated upstream. Equipment names printed circuit-limit or near-limit gains on meaningful foreign inflows: Wonik IPS (240810.KQ, +29.9%), Jusung Engineering (036930.KQ, +27.2%), VM (089970.KQ, +28.2%), Inotechnics (039030.KQ, +14.8%), and Hanmi Semiconductor (042700.KQ, +10.3%) were all in the top foreign buy list. Samsung C&T (028260.KS, +10.2%) drew notable foreign buying as well, though institutions were simultaneous sellers there — a tug of war rather than a clean signal.
Outside semiconductors, strength was thin. Defense names reversed: Korea Aerospace Industries (047810.KS, −3.7%) and Hyundai Rotem (064350.KS, −5.1%) gave back recent gains as foreign sellers moved on after a strong run. Consumer and platform names continued to bleed — BGF Retail (282330.KS, −2.6%), NHN (181710.KS, −12.0%), and Robothiz (108490.KQ, −15.2%) all saw volume-accompanied declines. Robothiz’s −15% slide was the sharpest distribution event of the session.
Session character: selective strength in upstream semiconductor equipment, AI-related equipment, and a few small-cap speculative names (마음AI 377480.KQ +30%, 팸텍 271830.KQ +30%). Broad KOSDAQ was the loser. The KR Bear regime verdict reflects the underlying: unless you were in the right equipment or large-cap defensive corner, the tape was actively negative.
Today’s Quality Re-Rating Candidates
The meta screener ranked 102 tickers and produced 20 article candidates. The framework prioritizes names hitting multiple independent screeners — Quality Compounder (business quality), Smart Money Quality (institutional flow), Cycle Rerating (margin-expansion leverage), Smart Money Earnings (earnings inflection + flow), and PEAD (post-earnings drift).
Top 10 Candidates by Overlap and Meta Score
| Rank | Ticker | Name | Meta Score | Screeners Hit | Key Metrics |
|---|---|---|---|---|---|
| 1 | 420770.KQ | 기가비스 (Gigavis) | 114.6 | QC · SMQ · CR · SME · PEAD (×5) | ROE 7.3%, OP YoY +777%, Δmargin +29.9pp |
| 2 | 089970.KQ | 브이엠 (VM) | 108.7 | QC · SMQ · CR · SME · PEAD (×5) | ROE 14.7%, OP YoY +387%, Δmargin +29.3pp |
| 3 | 039030.KQ | 이오테크닉스 (Inotechnics) | 75.5 | QC · SMQ · CR · SME (×4) | ROE 8.3%, OP YoY +159%, Δmargin +11.5pp |
| 4 | 240810.KQ | 원익IPS (Wonik IPS) | 61.9 | SMQ · CR · SME · PEAD (×4) | OP YoY +594%, F+QI net +655B KRW |
| 5 | 095610.KQ | 테스 (TES) | 78.8 | QC · SMQ · SME (×3) | ROE 14.5%, OP YoY +50%, F+QI net +221B |
| 6 | 043260.KQ | 성호전자 | 55.4 | SMQ · CR · SME (×3) | NI YoY +1,024%, F+QI net +351B KRW |
| 7 | 031330.KQ | 에스에이엠티 | 53.1 | SMQ · CR · SME (×3) | OP YoY +69%, CR screener rank #1 |
| 8 | 053610.KQ | 프로텍 (Protek) | 51.5 | QC · CR (×2) | ROE 13.7%, OP YoY +245%, Δmargin +12.2pp |
| 9 | 278470.KQ | 에이피알 (APR) | 49.6 | QC · PEAD (×2) | ROE 65.0%, OP YoY +198%, short ratio 10.4% |
| 10 | 080220.KQ | 제주반도체 | 48.6 | QC · CR (×2) | ROE 17.4%, OP YoY +274%, 4× DART risk flags |
QC = Quality Compounder · SMQ = Smart Money Quality · CR = Cycle Rerating · SME = Smart Money Earnings · PEAD = Post-Earnings Drift
Top 3 Candidate Context
기가비스 (420770.KQ) — Meta #1, ×5 Screeners Gigavis makes inspection and metrology equipment for advanced semiconductor packaging — a direct beneficiary of HBM and CoWoS capacity build-outs. It is the only name today alongside VM to clear all five independent screeners, giving it the highest meta score in the universe (114.6). The numbers behind the ranking are striking: operating profit grew +777% YoY with margin expansion of 29.9pp and revenue up +101%. Today (June 4), a new single-supply contract was disclosed via DART — a hard catalyst that explains why foreign and quality-institutional buyers absorbed 194.6B KRW of retail supply over the past five sessions (+165.8B net F+QI). At a trailing P/E of 108x, the valuation prices in a great deal of continuation; the contract materiality and client identity are the key verification items before treating this as anything more than a monitored screener candidate.
브이엠 (089970.KQ) — Meta #2, ×5 Screeners VM manufactures CVD (chemical vapor deposition) equipment used in DRAM and NAND fabrication. Its screener profile is a near mirror of Gigavis — operating profit +387% YoY, margin up 29.3pp, all five screeners cleared — but at a lower score (108.7) because its Quality Compounder rank (RS #6 vs #4) is slightly softer. Today’s +28% session move was accompanied by both foreign and institutional buying absorbing 387.7B KRW of retail supply. The PEAD composite score of +1.43 is the highest in Tier A, and at 0% below its 52-week high, the drift has no technical ceiling in the near term. A large-block holder filing appeared June 2 — monitoring for overhang is warranted. Next check: CVD order backlog, customer fab-type breakdown (DRAM vs NAND vs logic).
이오테크닉스 (039030.KQ) — Meta #4, ×4 Screeners Inotechnics makes laser-based processing and dicing systems for semiconductor and PCB manufacturing. It cleared four screeners and, critically, was the top-ranked foreign net buy in the equipment cohort over five sessions (+872B KRW F+QI net) — the single largest institutional inflow among screened names today. Operating profit grew +159% YoY with 11.5pp margin expansion; revenue grew +19%. The Kiwoom surface flags elevated but not extreme volume (거래대금 rank #100), and there is no short-interest concern. The caution worth noting: foreign ownership stands at 24.3% and quality-institutional flows turn slightly negative on the margin on a single-day basis, suggesting the five-day accumulation may be approaching a distribution phase. Next check: laser demand from HBM substrate and advanced packaging customers, and whether today’s +14.8% move was concentrated in one institution or distributed.
This post is market analysis for informational purposes. Nothing here constitutes a buy or sell recommendation. All data sourced from same-day Research OS pipeline (2026-06-04). Screener outputs are research candidates, not investment instructions.