[주간증시전망] U.S. tightening uncertainty eases… Inflation is a ‘variable’

(Photo = Yonhap News)

[뉴스케이프 김태동 기자] As uncertainty regarding US Federal Reserve tightening has eased, the domestic stock market is expected to fluctuate this week on whether the US inflation rate slows down.

According to the Korea Exchange on the 9th, the KOSPI index closed at 2644.51 on the 6th, down 33.06p (1.23%) from the previous market. Institutions and foreigners net sold 800 billion won and 400 billion won, respectively, and individuals net bought 1.2 trillion won.

The securities industry suggested the 2630-2750 range as the KOSPI band this week. The positive performance outlook of domestic companies and valuation merit are cited as factors for the rise of the index. As factors for the decline, the uncertainty surrounding US price instability, the spread of Corona 19 in China, and the lockdown measures are mentioned.

Kim Young-hwan, a researcher at NH Investment & Securities, said, “Uncertainty regarding the strength of US tightening, which has been the biggest concern for the stock market, has eased, but a clear signal that inflation is slowing is needed for the Fed to moderate actual tightening.”

Researcher Kim said, “It is difficult to confirm a significant slowdown in inflation in the April price index.

Kim Yu-mi, a researcher at Kiwoom Securities, said, “In the financial market, it suggests that uncertainty regarding the Fed’s monetary policy moves and concerns regarding an economic recession remain. We need to build trust that we are out,” he explained.

“The consumer price index in the US in April is expected to strengthen expectations for a peak-out,” he said. predicted.

The securities industry recommended paying attention to quality growth stocks following the stabilization of long-term U.S. Treasury yields. In this regard, NH Investment & Securities presented the Internet, secondary batteries, energy, and non-ferrous metals as sectors of interest.

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