KOSPI Closes Firm Amid Volatility... KOSDAQ Gains Over 1%

Fluctuating Between 7,000 and 7,500

KOSPI Closes at the 7,200 Level

On July 9, the KOSPI fluctuated throughout the trading session and ultimately closed at the 7,200 level. The KOSDAQ at one point rose more than 3%, but trimmed its gains to finish the day up by just over 1%.

On this day, the KOSPI closed at 7,291.91, up 0.62% from the previous session. Around 10 a.m., the index reached the 7,500 level, but then swung down to 7,063 around noon, reflecting high intraday volatility.

On the 9th, at the dealing room of Hana Bank's headquarters in Jung-gu, Seoul, employees are monitoring the stock market and exchange rates as the KOSPI rebounded successfully after two consecutive days of sharp declines. The KOSPI opened at 7,486.64, up 239.85 points (3.31%) from the previous session, and the KOSDAQ also started higher at 794.03, up 9.03 points (1.15%), maintaining its upward trend. July 9, 2026. Photo by Jo Yongjun

Retail investors sold off 1.3308 trillion won worth of shares on the KOSPI market. Foreign investors purchased 137.5 billion won, while institutional investors bought 1.2879 trillion won.

By sector, telecommunications (3.60%), electrical and electronics (2.21%), manufacturing (1.17%), medical and precision instruments (0.40%), construction (0.29%), and machinery and equipment (0.27%) recorded gains. Declining sectors included insurance (-5.51%), transportation equipment and parts (-4.36%), entertainment and culture (-4.28%), transportation and storage (-3.71%), electricity and gas (-3.70%), real estate (-3.15%), and securities (-3.05%).

SK hynix successfully rebounded, finishing the day up 5.30% at 2,186,000 won. Samsung Electronics briefly rose over 3% in early trading but ultimately closed just 0.18% higher. Among other large-cap stocks, those that gained included SK Square (4.49%), Samsung Electro-Mechanics (0.95%), and KB Financial Group (0.23%). Hyundai Motor (-3.68%), LG Energy Solution (-0.63%), Samsung Life Insurance (-5.78%), Samsung C&T (-4.18%), and Samsung Biologics (-2.79%) declined.

The KOSDAQ closed at 794.00, up 1.15% from the previous session. Foreign investors were net buyers of 21.9 billion won, institutions net bought 307.7 billion won, while retail investors sold off 321.1 billion won.

Most large-cap stocks on the KOSDAQ posted gains, including Ecopro (1.79%), Rainbow Robotics (0.58%), Jusung Engineering (11.50%), Kolon TissueGene (0.34%), HLB (4.19%), Leeno Industrial (1.16%), Wonik IPS (2.14%), and Samchundang Pharm (2.06%). However, the top two large-cap stocks, Alteogen (-4.31%) and Ecopro BM (-0.98%), both declined.

Kyungmin Lee, a researcher at Daishin Securities, analyzed, "Today, the domestic stock market opened higher on the back of bargain-hunting in the semiconductor sector, but ongoing noise from the Middle East and market volatility led to directionless swings throughout the session."

He explained, "In the U.S. market the previous day, the recently battered semiconductor sector rebounded on bargain-hunting, which improved investor sentiment for the domestic semiconductor sector and led to a strong start. However, ongoing negative factors surrounding the semiconductor industry and mounting pressure for profit-taking caused retail investors to become net sellers on a large scale, resulting in a retracement of earlier gains and another spike in volatility during the session."

He added, "Uncertainty related to the Middle East also acted as a downward pressure on the stock market. Although U.S. President Donald Trump stated the previous day that he would not restart the war with Iran, the U.S. military announced today that it struck 90 targets in an additional airstrike against Iran, and there were mixed reports such as Iran reaching out again to express willingness to negotiate, prolonging the uncertainty."

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