'Moves Into Positive Territory,' KOSPI Reclaims 5,300; KOSDAQ Surges More Than 5%

Foreign investors turn net buyers
KOSPI rises more than 2% as semiconductor stocks rally
KOSDAQ's secondary battery and equipment stocks surge across the board

The KOSPI rose more than 2% intraday on November 11, recovering the 5,300 level. Foreign investors, who had been net sellers early in the session, turned net buyers and supported the index's gains.

The KOSDAQ surged more than 5% on strength in secondary battery and equipment stocks, triggering a buy-sidecar for the second consecutive day.

Domestic stock market data is displayed on an electronic board in the dealing room at Hana Bank's headquarters in Jung-gu, Seoul, on the 11th. Photo by Kang Jinhyung

As of 1:32 p.m. on November 11, the KOSPI was trading at 5,366.39, up 127.2 points (2.43%) from the previous trading day. After opening lower, the index turned higher intraday and extended its gains. Foreign investors were lifting the index with net purchases worth 311.7 billion won. By contrast, institutions and individual investors were net sellers, offloading 251.2 billion won and 471.6 billion won, respectively.

Among the largest stocks by market capitalization, SK hynix (6.19%), SK Square (4.61%), Samsung SDI (3.73%), Samsung Electro-Mechanics (3.29%), Samsung Electronics preferred shares (3.21%), Samsung Electronics (3.19%), Celltrion (2.46%), and SK (2.08%) rose. Samsung Biologics (-2.52%), Hanwha Aerospace (-2.43%), Kia (-1.77%), and Hyundai Motor (-1.09%) declined.

At the same time, the KOSDAQ was trading at 701.23, up 33.62 points (5.04%) from the previous trading day. The index opened at 668.48, up 0.87 points (0.13%), and then extended its gains. By investor type, institutions led the advance with net purchases worth 192.4 billion won. Foreign investors and individual investors were net sellers, offloading 58.6 billion won and 133.9 billion won, respectively.

In particular, a growing number of stocks posted double-digit gains, led by semiconductor equipment and component shares. Among the largest stocks by market capitalization, TSE (22.42%), PSK Holdings (15.58%), Wonik IPS (14.47%), Jusung Engineering (14.25%), EcoPro BM (11.27%), SIMMTECH (10.41%), PSK (10.25%), ISC (10.16%), ROBOTIS (9.75%), EcoPro (8.98%), and HPSP (8.92%) were strong. By contrast, Hugel (-2.11%), HLB (-1.82%), and PharmaResearch (-0.80%) were weak.

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