Commercial Act Amendment Round 2... Treasury Stock Cancellation and Easing of Breach of Trust Charges Discussed [3-Minute Brief]

① Ruling Party Calls for "Treasury Stock Cancellation", Opposition for "Easing Breach of Trust Charges"... Key Issues to Be Discussed
② Current Account Surplus Reaches $10.14 Billion in May... 25 Consecutive Months in the Black
③ Trump Administration's Tax Cut Plan Passes

MARKET INDEX : Year to date

○ The stock market rally is being driven by individual investors... Debates over valuations continue.

○ Attention is focused on Trump's tariff letter... The FOMC minutes are also in the spotlight.

○ The risk of Trump's tariffs is already reflected in the market.

Top3 NEWS

■ Amendment to the Commercial Act enters round two... Focus on treasury stock cancellation and easing of breach of trust charges

○ The ruling party calls for "treasury stock cancellation"... The opposition calls for "easing breach of trust charges".

○ Key issues will be discussed through public hearings.

○ "The aim is to handle it during the session through the Political Affairs Committee."

■ Current account surplus of $10.14 billion in May, third highest ever for May... "Not a recession-type surplus"

○ Current account surplus in May reached $10.14 billion, marking 25 consecutive months of surplus.

○ Despite a shift to declining exports, imports fell even more due to lower oil prices.

○ "In the second half of the year, the impact of tariffs on automobiles and steel is expected to increase."

■ Trump's tax cut plan passes the US House after the Senate... To be signed on Independence Day

○ The US House passed the bill with 218 votes in favor and 214 against.

○ Trump will hold a signing ceremony at 5:00 p.m. on the 4th.

○ Trump's policy momentum is strengthened... The fiscal deficit remains a concern.

Graphic News: Disappearance of catalysts vs. signal for 5,000-point era... Strategies for the new era of the amended Commercial Act

○ Both major indices responded with a 1% rise following the passage of the Commercial Act amendment.

○ "With new upward momentum secured, the KOSPI is projected to reach the 3,700 level."

○ "Beneficiary stocks may undergo adjustments... Presents a buying opportunity at lower prices."

the Chart: Samsung Electronics hits a yearly high?will the rally continue?

○ Samsung Electronics has risen for three consecutive days.

○ For the first time since the end of September last year, the price has surpassed 63,000 won.

○ Net buying by institutions and foreign investors is driving the upward trend.

Today's Key Schedule

○Domestic

On the 7th, Scinic Solution will be listed on KOSDAQ, with the final offering price set at 4,700 won.

○Overseas

15:00 Germany Industrial Production (MoM) (May)

17:00 Speech by Bundesbank President Nagel, Germany

19:00 Eurozone finance ministers' meeting, Europe

◇ Lunch & Evening Commute Weather

○ Lowest temperature: 26℃ (▲1℃) ｜ Highest temperature: 32℃ (0℃)


○ Precipitation probability: 30% in the morning ｜ 20% in the afternoon


○ Fine dust: Moderate in the morning ｜ Moderate in the afternoon

Just 3 minutes?essential, cost-effective economic news. Published daily at 8 a.m.