Stock Market Split by Tariff Deal: Mixed Fortunes for Korea [3-Minute Brief]

① Shipbuilding Stocks Soar, Hyundai and Kia Decline...
Tariff Negotiations Divide Fortunes
② July Exports Up 5.9%...
Semiconductors Hit Record High for July
③ Steel Industry Left Out...
Sighs Over '50% Tariff Bomb'

MARKET INDEX : Year to date

○12 days left until the US-China 'tariff truce' deadline

○Attention on PMI and other indicators amid employment shock

○Palantir and AMD to announce earnings

Top 3 NEWS

■ Beneficiary stocks hit record highs, neglected stocks tumble... Stock market divided by tariff negotiations

○Beneficiary stocks from the trade agreement and neglected stocks face diverging fates
○Shipbuilding stocks rally to record highs on news of a cooperation fund with the US
○Automobile and steel pipe stocks weaken as disappointing results trigger sell-offs

■ Despite US tariffs... July exports up 5.9% thanks to semiconductors and automobiles

○July exports totaled $60.8 billion, the highest ever for July
○Exports to the US rose 1.4% to $10.3 billion
○The third highest after China and ASEAN

■ Steel industry faces export crisis due to '50% tariff'

○Most products, except high value-added items, face export suspension
○13.1% of total exports are to the US

Graphic News: "US Buldak price hike inevitable" - Busy K-Food industry

○15% US export tariff confirmed

○Price competitiveness inevitably weakened

○Domestic industry busy preparing countermeasures

the Chart: Savings and deposit rates keep falling... but mortgage rates stay high

○Average deposit rate at major banks in the 2% range

○Mortgage rates still in the 4% range

○Deposit-loan rate gap widens again after 3 months

Today's Key Schedule

○Domestic

○International

16:00 France new car registrations (YoY) (July)

23:00 US factory orders (MoM) (June)

◇Lunch & Evening Commute Weather

○Lowest temperature 26℃(▲1℃) ｜Highest temperature: 32℃(▲2℃)
○Chance of precipitation: 60% in the morning｜60% in the afternoon
○Fine dust: Good in the morning｜Moderate in the afternoon

All you need in 3 minutes: essential, value-for-time economic news. Published daily at 8 AM.