Summary

  • The Kospi reclaimed the 5,300 level and closed with a 2.60% surge.
  • SK Hynix surged 5.36% and Samsung Electronics jumped 3.57%, with semiconductor shares leading the index higher.
  • On the main board, foreign investors were net buyers of 776 billion won, while on the Kosdaq, institutions were net buyers of 318 billion won.

Forecast Trend Report by Period

The Kospi reclaimed the 5,300 mark on Tuesday. The Kosdaq also surged more than 5%, and a buy-side sidecar was triggered for a second straight session.

On Nov. 11, the Kospi closed up 136.23 points, or 2.60%, at 5,375.36. The index opened at 5,209.71, down 29.42 points, or 0.56%, from the previous session. It moved around flat in early trading before turning higher in the afternoon and finishing with gains of more than 2%.

Semiconductor shares led the rally. SK Hynix jumped 5.36% and Samsung Electronics climbed 3.57%. Other chip stocks also advanced, with DB HiTek rising 12.20% and Hanmi Semiconductor gaining 6.11%.

Stronger confidence in AI-related investment demand appeared to be supported by CoreWeave earnings, expectations for an Anthropic initial public offering and solid exports. Bargain buying, centered on the Kosdaq, also helped spread gains across sectors.

On the main board, foreign investors were net buyers of 776 billion won. Individuals were net sellers of 893 billion won, while institutions sold a net 421.5 billion won.

The Kosdaq ended at 705.10, up 37.49 points, or 5.62%, from the previous session. A buy-side sidecar was triggered on the Kosdaq at about 11:28 a.m. on Nov. 11, extending the streak to a second day after Nov. 10.

On the Kosdaq, institutions were net buyers of 318 billion won. Individuals were net sellers of 225.3 billion won, while foreign investors sold a net 103.2 billion won.

JOON HYOUNG LEE