Morning Meeting Daily Head of Research Seok Yun, CFA
[email protected] February 2, 2012 MARKET INDICATORS (KRX index, %) Feb 1 1-mo chg 3-mo chg Today’s comments Chemicals 4,894 12.0 3.5 Iron & Metal Products 6,442 12.0 6.7 Daelim Industrial (BUY): Expecting improvement in 2012 (KS Kang) Distribution 518 5.5 (1.6) Food & Beverage 3,086 (0.6) 3.9 Transport Equipment 2,696 4.4 (5.4) Transport & Storage 2,586 11.8 1.7 Electrical & Electronic Equip 9,006 6.0 10.6 Banks 246 4.1 (8.5) Securities 2,095 23.4 13.5 Communication 240 (5.6) (9.0) Electricity & Gas 888 7.6 10.9 Rates (%) Feb 1 1-mo ago 3-mo ago 3-month CD 3.58 3.58 3.59 3-year corporate bond 4.23 4.21 4.32 Call rate 3.25 3.27 3.25 KRW/USD 1,126 1,153 1,121 JPY/USD 76 78 78 Korea CDS spread (bps) 191 191 103 FUND FLOW (KOSPI) (KRWb) Feb 1 Jan 31 Jan 30 Foreign Buying 1,651 2,351 1,636 Selling 1,236 2,210 1,712 Net 416 140 (76) Domestic Buying 1,315 1,063 1,176 Selling 1,593 1,103 1,376 Net (277) (40) (200) Retail Buying 3,842 3,116 3,257 Selling 4,039 3,148 3,086 Net (198) (32) 172 FUND FLOW (KOSDAQ) (KRWb) Net buying Feb 1 Jan 31 Jan 30 Foreign (2) 7 (17) Domestic 11 10 6 Retail 3 (4) 16 We welcome feedback on our services.