On the 14th, the KOSPI rebounded above the 3,600 mark for the first time in two sessions, buoyed by an overnight rebound in U.S. stocks and Samsung Electronics' strong third-quarter results.
As of 9:06 a.m. that day, the KOSPI was up 27.13 points (0.76%) from the previous session at 3,611.68. The KOSPI opened at 3,604.12, up 0.55% from the previous session.
In the main board, individual investors net bought 677.7 billion won, lifting the index. Institutions and foreigners sold 515 billion won and 146.8 billion won, respectively.
Among top market-cap stocks, Samsung Electronics, which announced "surprise earnings" that day, was up 2.04%. SK hynix also jumped 2.41%, extending gains together. Doosan Enerbility (2.06%), LG Energy Solution (1.39%), and Hyundai Motor (0.46%) were also rising. In contrast, HD Hyundai Heavy Industries (-1.35%) and Samsung Biologics (-0.39%) were weaker.
At the same time, the KOSDAQ was trading at 869.05, up 8.56 points (0.99%) from the previous session. The KOSDAQ started at 865.37, up 0.57% from the previous session.
On the KOSDAQ, individuals alone were buying shares worth 137.2 billion won. Foreigners and institutions net sold 105.2 billion won and 16.6 billion won.
Top KOSDAQ market-cap stocks were also gaining. ECOPRO BM and Ecopro were strong by about 2%, while Alteogen (1.13%), LigaChem Biosciences (0.26%), Sam Chun Dang Pharm (0.25%), and Peptron (0.18%) were rising. HLB (-1.14%), PharmaResearch (-0.89%), and Rainbow Robotics (-0.15%) were weak.
In the Seoul foreign exchange market that day, the won-dollar exchange rate opened at 1,426.5 won per $1, up 0.7 won from the previous session.
Overnight, New York stocks recovered as concerns eased over U.S.-China trade tensions. The Dow Jones Industrial Average closed up 1.29% from the previous session at 46,067.58. The Standard & Poor's (S&P) 500 rose 1.56% to 6,654.72, and the Nasdaq climbed 2.21% to 22,694.61.
U.S. President Donald Trump said on social media the previous day, "Don't worry about China. Everything will be fine," adding, "Xi does not want his country to experience a recession, and neither do I."
Earlier, on the 10th, New York stocks plunged after President Trump criticized China's move to control rare earth exports and said he would impose high tariffs on China. But after remarks that he did not want a head-on clash with China this time, the market strengthened, led by AI-related semiconductor stocks.
Broadcom surged 9.88% after announcing it had reached an agreement with OpenAI, the developer of ChatGPT, on in-house AI chip development, and Nvidia also rose 2.88%. Other tech stocks such as Tesla (5.42%) and Oracle (5.13%) also closed higher.