IBK Securities Advises Staying in Korean Stocks Through July, Eyes Potential August Pullback

GateNews
According to IBK Investment & Securities research head Lee Seung-hoon, on May 11, investors should maintain their stock market positions through June and July as semiconductor companies like SK Hynix and Samsung Electronics show strong performance driven by export and profit growth. Second-quarter earnings expectations are expected to remain stable during the summer rally period. However, from August onward, a pullback may occur if economic and profit momentum begins to slow, prompting profit-taking among investors.
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