KOSPI Recovers to 8,500 Level After Plunge... Samsung Electronics Surges Over 9%
Individual Investors Lead Net Buying, While Foreigners and Institutions Sell
KOSDAQ Also Gains, Trading in the High 800s
The KOSPI index has recovered to the 8,500 level, offsetting the previous plunge. Samsung Electronics and SK hynix are also showing gains of around 9% and 4%, respectively.
The KOSPI index, which recorded its largest drop ever the previous day, has started the session on the 24th with a rise of more than 2% as the market opens. Exchange rates, KOSPI, and KOSDAQ indices are displayed on the index status board at the Hana Bank dealing room in Jung-gu, Seoul. 2026.06.24 Photo by Dongju Yoon
View original imageAs of 9:31 a.m. on June 24, the KOSPI index is trading at 8,503.46, up 299.62 points (3.65%) from the previous session. By investor type, individuals have recorded a net purchase of 571.672 billion won, while foreign investors and institutions are net sellers of 519.284 billion won and 109.461 billion won, respectively.
By sector, the market is mixed. Distribution (+7.11%), electrical and electronics (+5.86%), manufacturing (+4.81%), and utilities (+2.49%) are seeing gains, while food, beverage & tobacco (-1.90%), financials (-1.34%), textiles & apparel (-1.20%), telecommunications (-0.74%), and non-metallics (-0.65%) are down.
Among top market cap stocks, Samsung Electronics is up 9.5%, reclaiming its position as the largest by market capitalization. SK hynix is also up 4.5%, although it is not keeping pace with Samsung Electronics' surge. Samsung C&T (+13.8%), Doosan (+4.5%), Samsung Electro-Mechanics (+4.3%), Korea Electric Power Corporation (+3.8%), and LG Electronics (+2.9%) are also showing strong performances. On the other hand, SK Square (-3.2%), Shinhan Financial Group (-2.7%), KB Financial Group (-1.9%), and Hanwha Aerospace (-1.9%) are weak.
The KOSDAQ index is trading at 898.51, up 6.99 points (0.78%). Foreign investors are net sellers of 116.521 billion won, while individuals and institutions are net buyers of 46.194 billion won and 74.587 billion won, respectively.
By sector, most are showing strength or holding steady. Transportation equipment & parts (+1.68%), machinery & equipment (+1.65%), medical & precision equipment (+1.52%), manufacturing (+1.15%), and financials (+0.90%) are up, while a few sectors such as paper & wood (-1.17%) and food, beverage & tobacco (-0.75%) are down.
Among top market cap stocks, the number one, Alteogen (+1.9%), and number three, Ecopro (+1.3%), are strong. Peptone (+6.1%), PSK (+5.0%), ISC (+3.6%), HLB (+2.9%), and Rainbow Robotics (+2.7%) are also rising. On the other hand, the second largest, Ecopro BM (-1.0%), as well as Padu (-4.9%) and HPSP (-2.6%), are declining.
Hot Picks Today
“We Have One in Every Home”… Samsung Air Conditioners Become ‘Luxury Items’ Amid Europe’s Heatwave
- "Found the Culprit Behind Wild Swings"... The Truth Behind 'Delta' Shaking the Stock Market [Weekend Money]
- "KOSPI to Hit 12,600"... Top 10 Preferred Stocks in the Bullish Second Half [Weekend Money]
- "Turning Off the Air Conditioner Can Be Dangerous"...Heart Strain Increases When Bedroom Temperature Exceeds 24 Degrees Celsius
- "Once Called a History-Changing Group"... Rise of Cortis Spurs Revaluation of Entertainment Stocks [Weekend Money]
Meanwhile, in the Seoul foreign exchange market, the won-dollar exchange rate is trading at 1,534.9 won, down 4.2 won from the previous session.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.