Daily BriefsSouth Korea

Daily Brief South Korea: Hyundai Rotem Company and more

In today’s briefing:

  • Global Index Korea: Hyundai Rotem Is the Only One Screened. Watch for a Possible LS Electric Repeat


Global Index Korea: Hyundai Rotem Is the Only One Screened. Watch for a Possible LS Electric Repeat

By Sanghyun Park

  • The cutoff market cap is around ₩3.6T, and Hyundai Rotem is the only stock that screens into the inclusion zone.
  • Hyundai Rotem might see a repeat of LS Electric’s pattern: heavy chasing towards screening and a big dive at the decision. Watch for aggressive momentum trades starting late September.
  • The stock with the lowest full market cap, Kum Yang, is at risk, but Celltrion Pharm is close behind. KT Corp’s exclusion might save Kum Yang or Celltrion Pharm.

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