National Pension to Increase Overseas Stocks Next Year [3-Minute Brief]

[At a Glance]
① Samsung Semiconductor Turns Profitable, Awards Bonuses
② Political Instability... Corporate Sentiment at Worst Level
③ 230,000 Births This Year... Total Fertility Rate at 0.74

MARKET INDEX : Year to date

○ KOSPI expected to remain on the sidelines this week as well

○ Will the 'January effect' appear after overcoming threats?

○ Testing resistance in the 2440~2450 range

Top3 NEWS

■ Samsung Electronics Semiconductor Turns Profitable, Year-end Bonuses of 12?16%

○ Excess profit bonuses set at 12?16%
○ DS division has previously received 50% bonuses
○ Semiconductor downturn led to 0% last year due to losses

■ Companies Struggling Amid 'Political Instability'... Corporate Sentiment Worst Since COVID-19

○ Bank of Korea December All-industry Business Survey Index
○ Corporate sentiment worst in 4 years and 3 months
○ Small and domestic companies’ sentiment deteriorates further

■ "This Year’s Births Expected in the High 230,000s... Total Fertility Rate Forecasted at 0.74"

○ 7th High-level Population Emergency Meeting
○ Support payments for mothers returning to their parental home starting January next year
○ Additional introduction of family-friendly certification system

Graphic News: National Pension Service to Widen Domestic-Overseas Stock Allocation Gap Next Year... 21%P Difference

○ Maintaining trend of expanding overseas investment ratio

○ Promoting diversification of investment portfolio

○ Both domestic bond ratio and amount decrease

the Chart: Where It Surged 120% While KOSPI Plummeted

○ Market slump leads to decrease in top 10 groups’ market capitalization

○ Samsung Electronics’ stock price recovery remains uncertain

○ HD Hyundai, Hanwha, GS, SK, Hyundai Motor show increases

Numbers in the News: Self-employed Business Closures Near 1 Million, Record High

○ Labor cost burden due to minimum wage increase and sluggish domestic demand

○ Consumer sentiment worsened further after December 3 emergency martial law incident

○ "Need for domestic demand revitalization and support measures for small-scale merchants"

Today's Key Schedule

○ Domestic

08:00 November Industrial Production

08:00 November Retail Sales

○ Overseas

09:30 Japan December Manufacturing PMI

20:30 Brazil November Total Debt-to-GDP Ratio

23:45 U.S. December Chicago PMI

◇ Lunch & Commute Weather

○ Low temperature 2℃(▲6℃)｜High temperature: 10℃(▲5℃)
○ Precipitation probability 10% in the morning｜40% in the afternoon
○ Fine dust Good in the morning｜Good in the afternoon

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