Macro Dashboard
| Indicator | Value | 5D Change | Signal |
|---|---|---|---|
| KOSPI | 8,476.5 | +0.1% | Flat |
| KOSDAQ | 916.2 | +0.8% | Flat |
| USD/KRW | 1,551 | +1.0% | KRW soft |
| VIX | 17.4 | −6.3% | Stable |
| Brent | $74.0 | −1.7% | Steady |
| US 10Y | 4.37% | −0.12pp | Easing |
Regime: KR Bear / US Bull. Korean breadth above the 50-day MA sits at just 13.3% versus US breadth above 52%, maintaining the KR/US divergence. Program selling of −2,708.6B won and ETF net creation of −1,927.0B won confirm passive de-risking persists at the index level despite pockets of sector strength.
Market Wrap
June 30 was a session of selective conviction, not broad recovery. KOSPI barely moved on a five-day basis while a tight cluster of AI memory and semiconductor equipment names drove the real action.
Samsung Electro-Mechanics (009150.KS) was the standout large-cap mover, closing at 2,184,000 won (+7.2% on the day, +9.7% five days). Foreign buying of +427.3B won and institutional buying of +210.8B won arrived in unison around a DART-filed single-supply contract disclosed this morning — an unusually clean catalyst-plus-flow combination for the current Bear regime. Program buying added a further +387.3B won.
Samsung Electronics (005930.KS) closed at 334,000 won (+3.4%), where domestic institutional demand of +912.5B won absorbed sizable foreign selling of −871.9B won. SK Hynix (000660.KS) ended at 2,650,000 won (+0.8%) on a similar pattern: institutions provided +757.7B won while foreign outflows hit −1,579.9B won.
Three headline catalysts concentrated volume into Memory/HBM names: TrendForce raised its DRAM contract price forecast, SK Hynix flagged LTA negotiations with no defined price ceiling, and both Samsung and SK disclosed major semiconductor capex commitments via official regulatory filings. The AI memory and CPO cluster logged 46 Telegram and news mentions today — the highest count of any monitored theme by a wide margin.
Beneath the leadership, breadth remained thin. Only 36 of 2,710 KR universe stocks passed quality regime filters, with 13 new entries today. The regime remains Bear. The session’s message: identify the few names where institutional conviction is building, not call a market turn.
Today’s Quality Re-Rating Candidates
Today’s meta screener processed 86 tickers through five layers — Quality Compounder (QC), Smart Money Quality (SMQ), Cycle Rerating (CR), Smart Money Earnings (SME), and PEAD — and ranked 20 candidates. Names appearing in 3+ screeners lead the table.
| Rank | Ticker | Name | Meta Score | Overlap | Screeners Hit | Key Metrics |
|---|---|---|---|---|---|---|
| 1 | 353200.KS | Daeduck Electronics | 88.4 | 5 | QC · SMQ · CR · SME · PEAD | ROE 5.3% · OP YoY +336% · Margin +3.4pp |
| 2 | 161890.KS | Korea Kolmar | 88.1 | 4 | QC · SMQ · CR · SME | ROE 14.7% · OP YoY +24% · Short int 9.8% |
| 3 | 025560.KS | Mirae Industry | 80.6 | 3 | QC · SMQ · SME | ROE 8.9% · NI YoY +53% · DART catalyst today |
| 4 | 420770.KS | Gigavis | 66.4 | 2+Rev | QC · CR · Consensus Up | OP YoY +777% · Margin +29.9pp · Short int 7.9% |
| 5 | 064850.KS | FnGuide | 65.1 | 2+Rev+PEAD | QC · CR · Consensus Up · PEAD | ROE 15.1% · OPM 30.1% · Rev z-score +1.11 |
| 6 | 009150.KS | Samsung Electro-Mechanics | 64.3 | 3 | SMQ · CR · SME | RS 99.6 · Contract filed today · +7.2% |
| 7 | 095610.KS | TES | 63.7 | 3 | QC · SMQ · SME | ROE 14.5% · OP YoY +50% · 5D smart money −39B |
| 8 | 000660.KS | SK Hynix | 59.1 | 3 | QC · CR · PEAD | ROE 35.6% · OP YoY +101% · Foreign net −12T |
Gigavis and FnGuide rank above some 3-overlap peers in the meta because upward consensus revisions (z-scores +0.96 and +1.11 respectively) add a forward-looking catalyst dimension that the flow-based screeners alone cannot capture. Samsung Electro-Mechanics falls below them in meta score because it lacks the QC baseline, though today’s price action and DART filing make it a strong market-context candidate regardless.
Daeduck Electronics (353200.KS) manufactures printed circuit boards and is the only name in today’s universe to clear all five screener layers. Operating profit surged +335.7% YoY on +3.4pp of margin expansion, with revenue growing +19.4%. The flow setup is what makes the story credible in a Bear regime: retail sellers provided −539.6B won over five sessions while foreign and quality-institutional capital absorbed it, netting +465.6B won in. RS percentile is 98–99 across every screener. A DART block-share disclosure filed June 18 signals ownership change at scale. The key question to resolve: whether the margin recovery is structural — driven by product mix and customer tier — or a low-base one-quarter effect.
Korea Kolmar (161890.KS) is a contract cosmetics (ODM) manufacturer with deepening exposure to K-beauty export demand. ROE of 14.7% and +23.6% YoY operating profit growth place it squarely in the Quality Compounder tier. Institutional money has been accumulating: +237.0B won net over five days against −292.8B won in retail selling. Three IR events filed in three weeks suggest active investor engagement. Caution: short interest of 9.8% and a debt ratio of 107.4% mean any guidance miss carries asymmetric downside. Program flows are currently −7.5%, worth tracking.
Mirae Industry (025560.KS) makes precision testing and measurement equipment and ranks first in both the Smart Money Quality and Smart Money Earnings screeners — the strongest institutional-plus-earnings signal combination in today’s run. Net income grew +53.0% YoY. Two supply-contract amendments were filed via DART today, providing a same-day official catalyst. At 16.7x trailing P/E with RS above 98, the valuation and momentum setup is attractive. One flag to investigate: operating profit declined −24.8% YoY while net income grew sharply, suggesting a non-operating item is flattering the bottom line. That divergence needs reconciliation before the case is clean.
Also flagged: PSK Holdings (031980.KS) sits at the Quality Compounder and Smart Money Quality intersection with RS above 95. BVM (089970.KS) shows extraordinary operating leverage (+386.9% OP YoY, +29.3pp margin expansion) with an upward consensus revision (z +0.78), but 5-day institutional and foreign flows remain net negative — a potential setup worth revisiting if that flow picture turns. Wonix IPS (240810.KS) rounds out the quality-cycle 2-screener group with strong capex-cycle exposure.