The KOSPI index rebounded sharply by over 6% in a single day, recovering the 7280 level, driven by significant buying from foreign investors.
On July 15, the Korea Exchange reported that the KOSPI closed at 7284.41, up 427.58 points (6.24%) from the previous trading day. Foreign investors made a net purchase of 2.33 trillion won, while institutional investors also bought a net 183.1 billion won. In contrast, individual investors sold a net 2.47 trillion won, taking profits.
Most of the top stocks by market capitalization on the KOSPI saw substantial gains. SK Square surged 16.13%, followed by Samsung Electro-Mechanics (12.14%), SK Hynix (8.83%), Samsung Electronics (6.27%), Samsung Life Insurance (6.47%), Samsung Electronics Preferred (5.38%), LG Energy Solution (4.04%), Hyundai Motor (2.24%), Samsung Biologics (1.10%), and KB Financial (0.89%).
The KOSDAQ index also rose, closing at 829.43, up 45.45 points (5.80%) from the previous day. In the KOSDAQ market, institutional and foreign investors bought a net 108.5 billion won and 24.2 billion won, respectively, while individual investors sold a net 140.7 billion won.
Most of the top stocks by market capitalization in the KOSDAQ showed strong performance. Wonik IPS rose 12.27%, followed by EcoPro (9.23%), JUSUNG Engineering (8.77%), EO Technics (7.84%), EcoPro BM (7.37%), Rainbow Robotics (7.37%), Kolon TissueGene (6.86%), Rino Technology (6.57%), and Alteogen (3.22%). PSK also saw a slight increase of 0.49%.
* This article has been translated by AI.
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