KOSPI Closes Above 8,000... SK hynix Surges Over 10%

KOSPI Jumps 5.76% on 4 Trillion-Won Net Institutional Buying
Major Semiconductor Stocks Rebound Sharply
KOSDAQ Also Closes Slightly Higher

On July 3, the KOSPI recovered to the 8,000 level after overcoming early losses in the session. Despite continuing volatility following the sharp decline the previous day, strong institutional buying and a sharp rebound in major semiconductor stocks lifted the index.

On this day, the KOSPI closed at 8,088.34, up 440.25 points (5.76%) compared to the previous trading day. The index opened at 7,739.75, up 91.66 points (1.20%), but turned downward early in the session before recovering its losses and expanding its gains. A buy-side sidecar was triggered during trading. Institutional investors led the index higher, making a net purchase of 4.4598 trillion won. In contrast, foreign investors and individual investors recorded net sales of 2.1916 trillion won and 2.31 trillion won, respectively.

On the 3rd, the KOSPI index recovered to the 8000 level, with the closing price displayed on the status board in the dealing room of Hana Bank in Jung-gu, Seoul. Photo by Yonhap News.

By sector, electrical & electronics (8.15%), securities (7.61%), and manufacturing (6.77%) were strong, leading the rally. Distribution (3.18%), financials (3.15%), and insurance (3.13%) also posted gains. In contrast, entertainment & culture (-3.03%), medical precision instruments (-1.74%), IT services (-1.61%), non-metallics (-1.40%), telecommunications (-1.11%), and construction (-1.05%) ended the session lower.

Among the top KOSPI stocks by market capitalization, major semiconductor stocks posted particularly sharp rebounds. SK hynix (10.88%), Samsung Electronics Preferred Shares (10.23%), and Samsung Electronics (8.22%) all surged, driving the index higher. Samsung C&T (6.64%), Hanwha Aerospace (5.29%), Shinhan Financial Group (4.99%), Kia (4.68%), and SK Square (4.20%) also performed strongly. In contrast, HD Hyundai Heavy Industries (-2.20%) and Samsung SDI (-0.64%) declined.

The KOSDAQ index closed at 868.41, up 1.69 points (0.19%) from the previous session. The KOSDAQ opened at 875.18, up 8.46 points (0.98%), but repeatedly shifted between gains and losses during the session before ending marginally higher. Foreign investors sold 19 billion won, and institutions sold 103.9 billion won. In contrast, individual investors made a net purchase of 112.1 billion won, fueling a late-session rebound.

Among top KOSDAQ stocks by market capitalization, HPSP (10.98%) posted strong gains. Samchundang Pharm (4.90%), Padu (4.74%), Leeno Industrial (4.66%), Kolon TissueGene (3.67%), Simmtech (3.53%), HLB (2.11%), EO Technics (2.08%), Rainbow Robotics (1.55%), Peptron (1.46%), and Wonik IPS (1.14%) also rose. In contrast, Jusung Engineering (-15.34%) plunged, while LIG ChemBio (-6.44%), Caregen (-6.16%), Alteogen (-2.84%), and Eugene Technology (-2.11%) ended the session lower.

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