KOSPI Surges Over 8% as Foreign Investors Turn Net Buyers After 25 Sessions

Samsung Electronics Up 12%, SK hynix Up 9%

As foreign investors shifted to net buying for the first time in 25 trading days, the KOSPI index has surged by over 8%.

Yonhap News

As of 1:56 p.m. on June 12, the KOSPI index was trading at 8,421.08, up 657.13 points (8.46%) from the previous trading day. Amid a sharp rally early in the session, a buy-side sidecar was triggered at 9:06:02 a.m. The sidecar mechanism is activated when the KOSPI 200 futures price rises by more than 5% from its base price and maintains that level for one minute, temporarily suspending the effect of program buy orders for five minutes.

By investor type, foreigners recorded a net purchase of 2,666.846 billion won, institutions net bought 3,599.681 billion won, while individuals net sold 6,077.770 billion won. This is the first time in 25 trading days that foreign investors have shifted to net buying. From May 7 until the previous day, foreigners had been net sellers.

All sectors are posting gains. The machinery & equipment sector (which includes Hanmi Semiconductor) is leading the increase with a rise of 10.36%. The electrical & electronics sector (which includes Samsung Electronics and SK hynix) is also strong, up 9.67%. Other sectors with significant gains include electricity & gas (+7.85%), financials (+7.50%), medical & precision instruments (+7.39%), transportation equipment & parts (+7.18%), transportation & warehousing (+6.94%), securities (+6.90%), and construction (+6.85%).

Among the top stocks by market capitalization, Samsung Electronics is trading at 335,250 won, up 12.1% (36,250 won) from the previous day. SK hynix is also up 9.0% (190,000 won), trading at 2,291,000 won. Several other stocks have posted double-digit gains, including Hanmi Semiconductor (+24.7%), NAVER (+13.6%), SK Square (+13.9%), Samsung SDI (+12.1%), Hyundai Rotem (+12.0%), HD Hyundai Electric (+11.0%), and Hyundai Mobis (+10.2%).

The KOSDAQ index is trading at 1,047.02, up 50.09 points (5.02%). Foreign investors and individuals are net sellers by 472.450 billion won and 80.476 billion won, respectively, while institutions are net buyers by 519.874 billion won.

Sectors across the board are also showing strength. Machinery & equipment (+10.28%), non-metallics (+9.49%), retail (+9.07%), chemicals (+9.05%), manufacturing (+5.99%), financials (+5.72%), and metals (+4.13%) are among those with the highest gains.

Among the top KOSDAQ stocks by market capitalization, most are on the rise, including Ecopro (+8.6%), Rainbow Robotics (+8.1%), and Ecopro BM (+6.6%). Some stocks have gained more than 20%, such as Wonik IPS (+30.0%), Peptron (+30.0%), ISC (+28.8%), and Robotis (+23.0%). However, a few stocks are declining, including the top-ranked Alteogen (-1.0%), Padu (-5.2%), Caregen (-5.0%), D&D Pharmatech (-4.9%), and Soulbrain (-4.8%).

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