KOSPI Surges Over 2% on Nvidia's Earnings Surprise

The KOSPI started the session with a rise of over 2% after Nvidia, the leading AI stock, announced strong earnings results following the market close.

On the 26th, dealers were working in the dealing room at the Seoul headquarters of Hana Bank. Photo by Yonhap News

On August 27, the KOSPI opened at 6,996.12, up 187.91 points (2.76%) from the previous session.

Individuals and institutions recorded net sales of 134.4 billion won and 26 billion won, respectively. Foreign investors were net buyers for a total of 134.4 billion won.

By sector, electrical & electronics (4.26%), manufacturing (3.33%), and telecommunications (1.39%) rose, while electricity & gas (-2.93%) and real estate (-1.30%) declined.

Major stocks by market capitalization such as Samsung Electronics (3.25%), SK hynix (4.80%), Samsung Electronics Preferred (1.88%), SK Square (3.40%), and Samsung Electro-Mechanics (3.46%) recorded gains.

The KOSDAQ started trading at 828.42, up 1.55 points (0.19%) from the previous session.

Individual investors recorded net purchases of 36.3 billion won. Foreign investors and institutional investors recorded net sales of 23.6 billion won and 11.7 billion won, respectively.

By sector, textiles & apparel (1.50%), electrical & electronics (1.08%), and finance (0.84%) rose, while distribution (-1.14%) and telecommunications (-1.02%) declined.

Among the KOSDAQ's top market capitalization stocks, Alteogen (1.04%), Ecopro (2.53%), Ecopro BM (2.06%), Rainbow Robotics (1.55%), and Jusung Engineering (0.98%) posted gains.

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