The KOSPI plunged 5.72% to 6,690.62 as oil prices, bond yields, foreign selling, and semiconductor fears hit the market at once. NXT trading later recovered 0.83% from the KRX close, but three major signals will determine whether Monday brings a rebound or another selloff.
The KOSPI surged 4.40% in a single session and reclaimed the 7,000 level. This report examines whether the rebound marks the start of a new uptrend by analyzing foreign buying worth more than KRW 2 trillion, Alphabet’s expanded AI investment plan, and after-hours trading on NXT.
SK hynix Institutional Buying Rebound: Foreign Investors Sold KRW 439 Billion The SK hynix institutional buying rebound looked similar to Samsung Electronics on the surface, but the underlying investor flows were markedly different. SK hynix closed the regular KRX session at KRW 1,836,000, up 4.08%. Domestic institutional investors purchased approximately KRW 695.2 billion of shares, … Read more
“`html Samsung Electronics July 21 Surge: KRW 972.4 Billion of Buying—Was KRW 240,000 the Bottom? The Samsung Electronics July 21 surge was more than a mechanical rebound in the KOSPI. Samsung Electronics closed the regular KRX session at KRW 259,000, up 6.15%, while foreign and domestic institutional investors purchased a combined KRW 972.4 billion of … Read more
“`html KOSPI Holds 6,500 by a Thread: Why the Intraday Rebound Failed South Korea’s KOSPI briefly approached its previous close on July 20, only to surrender the entire rebound and finish near the bottom of its daily range. The benchmark closed at 6,516.27, down 304.33 points or 4.46%. It opened at 6,643.58, rebounded to 6,814.86 … Read more