Is the Korean stock market coming on a spring day? 1st 200 billion · 2nd 300 billion in value-up funds executed

2024.11.18. PM 5:13
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[News FM Lee Ik-seon Choi Soo-young Issue & People]
□ Broadcast Date: November 18, 2024 (Mon)
□ Host: Lee Ik-seon, Choi Soo-young
□ Cast: Announcer Lee Hyun-woong

* The text below may differ from the actual broadcast content, so please check the broadcast for more accurate information.

Profit Line: Open the second part with <Aung Daung News>. Announcer Lee Hyunwoong, who will be with us today as well, is here. Hello~

◆ Hello!

◇ Lee Ik-seon: Let's talk about the weather today. It felt like the temperature was going down since last night, but as expected, it was really cold this morning. How cold has it become?

◆ Lee Hyun-woong: A cold wave warning is issued when the temperature drops by more than 10 degrees Celsius from the previous day, below 3 degrees Celsius, and above 3 degrees Celsius lower than usual. Cold wave warnings and cold wave warnings have been issued throughout the interior today. Seoul also recorded its first sub-zero temperature this fall.

As of 10 a.m., the first cold wave warning issued in Jeonbuk this fall and the cold wave warning in Gangwon Province and south of Chungcheong Province were lifted.

However, the cold seems to continue until tomorrow morning. From tomorrow afternoon, the temperature is expected to recover in previous years, but until last weekend, warm weather continued, so it is likely to feel relatively cold. There must be a lot of people who haven't even prepared winter coats yet, so please take special care of your health for the time being.

◇ Choi Soo-young: Let's also look at the economic news. Our stock market, which was hit by a "cold wave" until last week, is now recovering a little?

◆ Lee Hyun-woong: Yes, our stock market has fallen every day since the U.S. presidential election. This year, the U.S. stock market has reached an all-time high, and the stock market in other countries has risen by double digits, but we are the only one who has retreated backward and ranked first in the decline among major countries. In the end, the financial authorities held a meeting to check the related situation.

The stock market is also rebounding as it is reported that it will execute 200 billion won worth of value-up fund this week and raise 300 billion won as a secondary fund to improve domestic stock market supply and demand.

The KOSPI started at 2,440 today, up about 1%, and the KOSDAQ started at the weak spot. Both markets immediately added momentum, and now the KOSPI is rising by nearly 2%, and the KOSDAQ has also shifted upward.

◇ Profit line: I'm also curious about Samsung Electronics' stock price. Started a rebound after hitting "40k electronic" last week, is it still going up today?

◆ Lee Hyun-woong: Yes, after rising 7.21% last Friday, it's still strong today. Samsung Electronics has taken out a share buyback card to support its plunging stock price.

According to the disclosure made after the market closed last Friday, it said it would gradually buy 10 trillion won worth of treasury stocks over the year and incinerate 3 trillion won worth of stocks by the end of this year.

The news of treasury stock purchases and incineration is considered a good thing in the market because it has the effect of increasing the value of stocks held by shareholders. In addition, the amount of 10 trillion won is the second largest ever announced by Samsung Electronics, so today's surge is continuing.

However, in the past, some time after the announcement of the share buyback, it returned to its original position temporarily, so there are voices in the market that it is necessary to strengthen technological competitiveness, which is fundamentally analyzed as a factor that has caused the stock price to fall.

◇ Choi Soo-young: Let's see the next news. Some trains were delayed in the morning as the railway union went into a law-abiding battle today?

◆ Lee Hyun-woong: Yes. The Korean Confederation of Trade Unions, the public transport union, the National Railroad Workers' Union, and the railway union for short began a struggle to comply with the law today.

He predicted that he would follow work manuals such as not running around during work, arranging train monitors when working along the track, observing breaks, observing station stops, and using toilets to solve physiological phenomena while driving.

The Korea Railroad Corporation and Korail defined it as a "taeup" and sent a notice saying, "Some train operations may be delayed."

In fact, some sections of subway lines 1, 3, and 4 in the Seoul metropolitan area and the Suin-Bundang line were disrupted. However, since the delay status came out at 8 a.m., there is currently no accurate count of the situation. So, it is not known exactly on which route and how much delay will occur.

It is a situation where you have to check through mobile apps related to the subway such as Korail Subway Talk or the Korail website.

◇ Lee Ik-seon: The railway union also announced a press conference for a general strike on the 21st, right?

◆ [Lee Hyun-woong] That's right. The railway union points out that there is a serious shortage of manpower. Nevertheless, he insisted that he was choosing to outsource dangerous work while pushing for a reduction in quotas.

Therefore, it is demanding a shift to a group 4 two shift work form through manpower recruitment and a 2.5% increase in basic salary.

If this is not carried out, the plan is to hold a press conference this Thursday to announce a general strike, and hold an indefinite general strike early next month.

◇ Choi Soo-young: Here's the next news. After the College Scholastic Ability Test, essay writing and interview screening began last weekend. How is Yonsei University's occasional recruitment, which was controversial earlier due to the leakage of questions, going?

◆ Lee Hyun-woong: First of all, the police seized and analyzed the site where the photo of the problem site was uploaded, securing at least one author's identity.

Earlier, Yonsei University accused two people who posted the questionnaire online and four unidentified people of obstruction of business in connection with the leakage of the essay question. Police said they are still working on identifying the remaining authors.

Since there is a possibility that they are test takers, the police will summon them before the college entrance examination is completed to investigate how they obtained the photo of the questionnaire and why they posted it.

Meanwhile, as the court accepted an injunction request to suspend the validity of the essay test, which leaked the problem, the announcement of successful applicants scheduled for the 13th of next month has become difficult to proceed as scheduled.

There are also protests to demand a retest, but on the contrary, there is a statement in the test-taker community saying, "I oppose the retest," and it is unclear how the situation will develop. Some are also mentioning the possibility of transferring the number of essay students to regular recruitment. The confusion persists.

◇ Lee Ik-seon: This is the last news. So-called 'nuclear fist' Mike Tyson is back in the ring and has made headlines, how was the game?

◆ Lee Hyun-woong: Mike Tyson, the 'nuclear fist' who entered the professional stage ring for the first time in 19 years. However, it was evaluated as a 'cotton fist' among cold critics.

58-year-old Tyson did not show his heyday at all, and 31-year-old Jake Paul, conscious of a possible "nuclear fist," was said to have been bored with "outboxing" in the form of hitting and falling.

*Outboxing: A strategy of not approaching the opponent's boxer, repeating hitting and dropping, and steadily building up points rather than KO.

As the expected slugfest did not come out, there were also boos ahead of the end of the game. Fans were disappointed by the "no food for a famous feast" that was not worthy of Tyson's 27.9 billion won and Jake Paul's 55.8 billion won.

However, Tyson himself expressed satisfaction. When asked how he felt after the game, he said, "I don't have to prove myself to anyone other than me. I'm not a person who pleases the world. I'm just glad I did what I could."

◇ Choi Soo-young: By the way, there was a criticism about Netflix that broadcasted this game live?

◆ Lee Hyun-woong: Yes. Viewers from all over the world who want to see Tyson return to the ring after 19 years have used Netflix to watch. Netflix posted on social media after the game, saying 60 million households around the world watched it. At the same time, he wrote that this mega-event dominated SNS, broke several records, and even jeopardized our buffering system.

Viewers who saw it complained. The comments in the post were criticized for not being able to see the game properly at all beyond buffering. There was also a content that I should apologize, not brag.

Netflix has signed a broadcast contract with World Wrestling Entertainment WWE and is aggressively engaged in live sports games by announcing live broadcasts of NFL and Football League games on Christmas Day. Analysts say platform stability has been put to the test.

◇ Lee Ik-seon: We've looked at all the news prepared today.

◆ Lee Hyun-woong: Yes, thank you.

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