Rattled by Broadcom's Debt Bomb, I Still Picked Up 015760
The KOSPI dropped 2.61% and the KOSDAQ slid 2.19% today, and honestly, it's been a while since the market got hit this hard in one session. Foreigners dumped about 3.67 trillion won worth of KOSPI stocks while institutions piled on another 1.29 trillion won in selling, and there was no way the index could hold up against that — behind it all was the news that Broadcom in the US had guaranteed roughly $60 billion in debt, and seeing AI-boom debt spill out from off the books clearly spooked people. On top of that, a report showed that big companies outside Samsung Electronics and SK Hynix saw operating profits jump 72% while mid-to-long-term capex actually fell 11%, and that 'profits are great but why isn't investment growing?' unease pressed even harder on semiconductors and clean energy names. The KOSDAQ told a different story though, with foreigners turning net buyers to the tune of 241.6 billion won and institutions adding 24.9 billion won, which kept its losses smaller than the KOSPI's, and gold and copper-related stocks actually rallied, showing that money was still finding somewhere to go even in the chaos. That said, the overall mood around rates and credit still feels calm and pretty friendly, so I'd read today less as a trend reversal and more as a sharp bout of panic selling triggered by the AI-debt scare. Amid all that shakiness, I still picked up 015760 today — a small step away from the semiconductor noise.