KOSPI Opens Higher on Institutional Buying... Geopolitical Risks in the Middle East Under Watch

KOSPI Rebounds Above 5,400 Level
KOSDAQ Opens Higher but Moves Sideways

U.S. President Donald Trump postponed the deadline for negotiations with Iran by one day from his original announcement, and the KOSPI index is showing an upward trend in early trading on April 6.

As of 9:30 a.m. on this day, the KOSPI was trading at 5,437.32, up 60.02 points (1.12%) from the previous trading day. The index opened at 5,423.35, up 46.05 points (0.86%). Institutional investors led the market, with net purchases totaling 361.2 billion won. In contrast, foreign investors sold 128.6 billion won and individual investors sold 259.9 billion won.

By sector, general services (2.39%), electrical and electronics (2.08%), distribution (1.46%), manufacturing (1.43%), chemicals (1.20%), and paper and wood (1.09%) showed strength. On the other hand, IT services (-0.83%), electricity and gas (-0.73%), and textiles and apparel (-0.42%) were weak.

Among large-cap stocks, Samsung Electronics Preferred (3.22%), Samsung C&T Corporation (3.04%), Samsung Electronics (2.52%), LG Energy Solution (2.51%), Samsung SDI (1.94%), Samsung Life Insurance (1.13%), Shinhan Financial Group (1.09%), and SK hynix (0.91%) posted gains. Meanwhile, Hanwha Ocean (-1.41%), Mirae Asset Securities (-1.11%), and Hanwha Aerospace (-0.76%) declined.

At the same time, the KOSDAQ index was nearly flat, recording 1,064.64, up 0.89 points (0.08%) from the previous trading day. The KOSDAQ opened at 1,068.33, up 4.58 points (0.43%), but later gave back some of its gains. Foreign investors and institutions recorded net sales of 14.9 billion won and 33.1 billion won, respectively, while individuals made net purchases of 52.3 billion won.

On the 6th, an employee is monitoring the stock market, exchange rates, and other indicators in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul. Photo by Jo Yongjun

Among large-cap stocks on the KOSDAQ, Samchundang Pharm (4.01%), Ecopro (2.90%), Ecopro BM (2.60%), ISC (2.32%), Rainbow Robotics (2.04%), and Wonik IPS (1.06%) posted gains. On the other hand, Caregen (-7.07%), Voronoi (-3.58%), Pearl Abyss (-2.53%), Leeno Industrial (-1.99%), LIG ChemBio (-1.83%), and Woori Technology (-0.93%) were weak.

According to the Wall Street Journal (WSJ) on April 5 (local time), President Trump postponed the negotiation deadline with Iran from the originally announced April 6 to April 7, stating that if the Strait of Hormuz is not opened, the U.S. will launch a comprehensive attack on Iran's infrastructure facilities. The Trump Administration has repeatedly issued ultimatums and announced attack postponements regarding Iran.

On this day, Ji Young Han, a researcher at Kiwoom Securities, commented on this week's domestic stock market investment strategy, stating, "The outcome of a ceasefire or truce agreement around the D-DAY, as President Trump postponed the attack on Iranian power plants, could act as a catalyst to ease war fatigue." He added, "Rather than responding by selling stocks and increasing cash holdings from Monday, it is more appropriate to take a wait-and-see approach and revise your strategy after confirming the D-DAY results."

This content was produced with the assistance of AI translation services.