Helped by buying from foreigners and institutions, the KOSPI index continued gains in the 3% range on the morning of the 7th. The index is fluctuating around the 6,890 level.
As of 11:15 a.m. that day, the KOSPI index was at 6,888.88, up 201.67 points (3.02%) from the previous session.
The main board is being led by foreigners and institutions. While individuals are net sellers of 2.2441 trillion won, foreigners and institutions are net buyers of 890.7 billion won and 752.8 billion won, respectively.
Large-cap stocks on the main board are all rising. Samsung Electronics(005930) and SK hynix(000660) are extending gains in the 3% and 5% ranges, respectively, and SK Square, Samsung Electro-Mechanics, LG Energy Solution, Hyundai Motor, Samsung Biologics, KB Financial Group, and Samsung Life Insurance are all higher.
At the same time, the KOSDAQ index was up 1.64% (13.35 points) at 826.85.
The KOSDAQ market is being led by foreigners. While foreigners are net buyers of 18.2 billion won, individuals and institutions are net sellers of 10.4 billion won and 16.1 billion won, respectively.
Large-cap stocks on the KOSDAQ are mostly rising as well. With EcoPro, EcoPro BM, Jusung Engineering, Wonik IPS, EO Technics, LEENO Industrial, SIMMTECH, and HLB advancing, only Alteogen is falling.
Han Ji-young of Kiwoom Securities said, "As last Friday's rally in U.S. semiconductor stocks suggests, with the possibility growing that the persistent selling pressure on domestic and overseas semiconductor stocks is also easing, it would be appropriate to set as the base case a path in which the market's recovery momentum strengthens from last week as it digests Oracle's earnings and the Aug. CPI."