KOSPI Hits Highest in 30 Months... Foreign Investors Are the Key Players [3-Minute Brief]

[3-Min Brief 3-Second Summary]
① Korea aims to enter '5th place in exports,' surpassing Japan
② European defense industry restrained... Strategy to break through
③ Hot summer ahead... "New power generators to be deployed"

MARKET INDEX

- U.S. New York Stock Exchange's three major indices closed mixed
- Profit-taking sales emerged, showing a pause
- Nvidia lost the No.1 market cap spot to Microsoft again

Top3 NEWS

■ South Korea Surges Past Japan to Enter '5th Place in Exports'

- Target export amount of $700 billion this year
- Gap with Japan continues to narrow
- Green light for a two-step rise from current 7th place

■ Full-scale European Defense Industry Checks... Strategies to Break Through

- Era of 'Global Defense Industry Gold Rush'
- Circumventing European checks to target niche markets
- Activation of new markets and joint development

■ Hotter This Summer... Ministry of Industry: New Power Plants to Be Deployed if Reserve Capacity Is Insufficient

- This summer is hotter and more humid than average
- Peak power demand recorded in the second week of August
- Plans to secure 10.42 GW supply capacity

Graphic News: SoftBank "Unable to Agree on Capital Relationship with Naver... Discussions Will Continue"

- Line Yahoo accelerates severing ties with Naver
- "Will separate Naver's entrusted system and authentication"
- Agenda to exclude Shin Jungho CPO from director passed

the Chart: Foreign Investors Lead KOSPI to Highest Level in 2 Years and 5 Months

- Foreign buying focused on semiconductors like Samsung Electronics
- Attention on whether foreign buying momentum will continue
- "There is still room for additional capital inflows from the U.S., U.K., etc."

Terms in the News: 'NPE' Targeting Samsung and Hyundai Motor with Frequent Patent Lawsuits

- Acquiring other companies' patent rights to generate profits through lawsuits and contracts
- Many global manufacturers are turning into NPEs... increasing monopoly enforcement
- Increasing cases demanding excessive costs during royalty negotiations

Today's Key Schedule

○ Domestic
- 06:00 May Producer Price Index
- 21st: KOSDAQ KB No.29 SPAC listing, public offering price 2,000 KRW
- 21st: KOSDAQ Innospace subscription, public offering price 43,300 KRW

○ Overseas
- 00:00 U.S. Crude Oil Inventory
- 08:30 Japan May Core Consumer Price Index
- 15:00 U.K. May Retail Sales
- 17:00 Eurozone June Markit Composite Purchasing Managers' Index
- 17:30 U.K. June Composite Purchasing Managers' Index
- 19:00 Eurozone Finance Ministers Meeting

- 22:45 U.S. June Manufacturing Purchasing Managers' Index
- 22:45 U.S. June Services Purchasing Managers' Index
- 23:00 U.S. May Existing Home Sales

◇ Lunch & Commute Weather

○ Lowest temperature 23℃(0℃) ｜ Highest temperature: 34℃(▼1℃)
○ Precipitation probability: Morning 0%｜Afternoon 20%
○ Fine dust: Morning Good｜Afternoon Moderate

OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.