KOSPI Recovers to 5,900... "210K Electronics" and "1 Million Hynix" Surge
Foreign Investors Net Buy Over 2 Trillion Won on KOSPI, Individuals Net Sellers
KOSDAQ Nears 1,100 Mark... Sidecar Triggered Early in the Session
With Iran and the United States effectively agreeing to extend their ceasefire, the KOSPI index has recovered the 5,900-point level for the first time in 21 days. The KOSDAQ index is also approaching the 1,100-point mark.
On the 8th, when news broke that the United States and Iran had agreed to a two-week ceasefire, the KOSPI index surged more than 6% immediately after the market opened. Various indices are displayed on the index status board at the Hana Bank dealing room in Jung-gu, Seoul. 2026.04.08 Photo by Dongju Yoon
View original imageAs of 1:55 p.m. on April 8, the KOSPI index was trading at 5,911.20, up 7.58% (416.42 points) from the previous trading day. Foreign investors have net purchased KRW 2,617,328 million, institutions have net purchased KRW 4,036,725 million, while individuals have net sold KRW 6,844,446 million.
Due to the sharp rally, a buy-side sidecar (temporary suspension of program buy orders) was triggered on the Korea Exchange at 9:06:02 a.m., just after the market opened. At the time the sidecar was triggered, the KOSPI200 futures index stood at 875.45, up 51.35 points (6.23%) from the previous trading day. The KOSPI buy-side sidecar is triggered when the KOSPI200 futures price rises by more than 5% from the reference price and remains at that level for one minute, resulting in a five-minute suspension of the effectiveness of program buy orders.
By sector, all industries except for paper·wood (-3.23%) are showing strong gains. Construction (19.31%), securities (10.72%), electrical·electronics (10.02%), and financial (7.70%) sectors are continuing their upward trend early in the session.
Among the top market capitalization stocks, Samsung Electronics (8.1%) and SK hynix (14.0%) are both rising, earning the monikers "2.1 million Samsung" and "1 million Hynix," respectively. Most other stocks are also on the rise, including Samsung C&T Corporation (13.5%), Hyosung Heavy Industries (13.0%), Samsung Electro-Mechanics (12.8%), and HD Hyundai Electric (11.1%), while some stocks such as Hanwha Aerospace (-3.7%) and LG Energy Solution (-1.1%) are showing weakness.
The KOSDAQ index is also surging, trading at 1,083.61, up 4.52% (46.88 points) at the same time. Foreign investors have net purchased KRW 230,610 million, institutions have net purchased KRW 337,824 million, while individuals have net sold KRW 544,211 million. The KOSDAQ also saw a buy-side sidecar triggered at around 9:13 a.m. in the early session as the KOSDAQ150 futures index rose by more than 3%.
By sector, all industries except for food·beverages·tobacco (-0.06%) are rising. Non-metallic minerals (11.46%), machinery·equipment (8.36%), electrical·electronics (5.75%), financial (5.06%), and chemical (4.57%) sectors are showing strong gains.
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Among the top market capitalization stocks, Ecopro (4.8%) and Ecopro BM (2.9%) are posting gains. In addition, Woori Technology (18.5%), Rainbow Robotics (11.9%), and Robotis (10.0%) have shown particularly notable increases. On the other hand, Samchundang Pharm (-11.2%) and Pearl Abyss (-2.6%) are showing weakness.
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