KOSPI closed back above 7,000 for the first time in five sessions as institutional buying offset heavy retail selling. Refiners led the charge after China reportedly halted refined-product exports and Brent crude topped $100.
Korean stocks staged a sharp intraday reversal on October 1 as Micron’s earnings beat and news that 2026 HBM supply is sold out sent semiconductor names surging. KOSPI closed up 1.95% at 6,971.35; KOSDAQ soared 4.48%.
KOSPI closed down 0.48% at 6,838.04 after surrendering an early 1% gain, as foreign investors sold roughly $1.5 billion ahead of US PCE data and Micron earnings. KOSDAQ rose 0.72% on chip-equipment, battery and biotech strength.
Foreign investors net sold 2.90 trillion won (about $2.1B) of KOSPI shares as US yields topped 5.21%, dragging the index to a second straight loss at 6,870.81. The KOSDAQ rose 0.38% on retail buying, while construction and battery stocks sold off hard.
The KOSPI dropped 2.70% to 6,889.74 in its first session after the Chuseok holiday as surging US Treasury yields triggered heavy foreign selling of chipmakers, while the KOSDAQ edged up 0.25% on an FDA-approval rally in HLB group stocks.
The KOSPI touched 7,171 on a US chip rally, then surrendered nearly all of it as retail investors dumped 1.6 trillion won. PCB makers jumped up to 29%, SK hynix fell, and the won strengthened to around 1,360 per dollar.
Korea’s KOSPI jumped 1.65% to retake 7,000 for the first time in seven sessions, powered by record chip exports and heavy institutional buying of Samsung Electronics. But decliners outnumbered gainers, exposing a narrow, top-heavy rally.
The KOSPI jumped 2.66% to 6,894.23 as SK hynix and Samsung Electronics led a semiconductor rally, one day after heavy hawkish-Fed foreign selling. Five stocks hit Korea’s 30% daily limit while oil refiners fell on easing crude prices.
Korean IPOs allocate at least half the retail tranche by equal allotment — falling back to a random draw only when subscribers outnumber the available shares — let new listings trade anywhere from 60% to 400% of the offer price during the debut session, and release locked-up shares on a published lockup calendar. Here is how each mechanism works and how to read the supply-and-demand signals around it.
The KOSPI closed flat at 6,715.41 after the Fed’s first rate hike since 2023, as foreign investors sold Korean stocks for a seventh straight session — dumping chips but buying shipbuilders. The KOSDAQ rose for a third day and the won slid to around 1,381 per dollar.