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 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.
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.
The KOSPI snapped a four-session losing streak with a 1.37% jump to 6,717.97, while the won slid roughly 1.6% to around 1,368 per dollar as of the Seoul close — an unusual split, with the Fed’s September decision still hours away.
The KOSPI fell 0.85% as foreign and institutional investors sold over 2 trillion won amid $101 oil, 5% US yields and AI-pacing worries, while the KOSDAQ rose 0.70% on a cybersecurity stock surge. The won weakened to 1,359.68 per dollar ahead of the FOMC.
The KOSPI fell 3.26% to 6,684.37 as foreign investors and institutions sold roughly $3 billion of stock ahead of the September 17 FOMC. Chip giants led the losses while cybersecurity and optical-networking small caps surged against the tide.
The KOSPI fell 1.76% to 6,909.91 after an early 3% plunge, as WTI topped $100 on US-Iran escalation and US yields spiked. Foreigners and institutions sold over $3 billion; retail bought the dip. All eyes now turn to tonight’s US CPI.
The KOSPI closed above 7,000 for the first time in about two months, up 1.40%, as OpenAI’s GPT-6 launch lifted chip sentiment and battery materials rallied. Individuals sold a hefty 2.5 trillion won while institutions bought.