On the 11th, the KOSPI index recovered the 4,160 level. This was influenced by the rise in the New York stock market overnight, driven by expectations that the U.S. federal government shutdown would end and forecasts of higher memory prices.
As of 9:17 a.m. on this day, the KOSPI was trading at 4,163.45, up 2.21% from the previous trading day. It is the first time in three trading sessions since November 6 that the KOSPI index has rebounded above the 4,100 mark.
On the 11th, the KOSPI index started the session higher than the previous trading day, with various indices displayed on the status board in the dealing room of Hana Bank in Jung-gu, Seoul. 2025.11.11 Photo by Dongjoo Yoon
Individual investors have made net purchases totaling 104.1 billion won, driving the index higher. Meanwhile, foreign investors and institutional investors have recorded net sales of 54.5 billion won and 66.1 billion won, respectively.
All of the top market capitalization stocks are trading higher. Samsung Electronics, SK Hynix, and LG Energy Solution are all showing strong gains of around 3%. KB Financial Group (up 1.78%), Hanwha Aerospace (up 1.14%), Doosan Enerbility (up 0.75%), and Hyundai Motor (up 0.74%) are also on the rise.
In particular, SK Hynix set a new 52-week high after Nvidia surged more than 5% on the New York stock market overnight. SK Hynix is trading at 625,500 won, up 3.22%. During the session, it soared to 628,000 won, setting a new 52-week high. Samsung Electronics is also trading at 1,043,000 won, up 3.68%.
The strength in these stocks is due to the significant gains in technology stocks such as Nvidia on the New York stock market overnight. Nvidia rose 5.79%, bringing its market capitalization close to the 5 trillion dollar mark once again. Broadcom, TSMC, and ASML also rose by around 3%. Palantir, which was a major target for selling last week amid concerns of an artificial intelligence (AI) bubble, rebounded sharply by 8.81%, demonstrating resilience. As a result, most domestic semiconductor stocks are trading higher.
At the same time, the KOSDAQ index also recovered the 900 level. The KOSDAQ is trading at 900.34, up 1.36% from the previous trading day.
Top market capitalization stocks on the KOSDAQ are also on the rise. Ecopro surged nearly 10%, while Ecopro BM (up 3.25%), PharmaResearch (up 3.13%), Rainbow Robotics (up 1.73%), Peptron (up 0.90%), and HLB (up 0.72%) are all gaining. In contrast, Abl Bio (down 2.09%), Samchundang Pharm (down 0.23%), and LIG Chem Bio (down 0.13%) are declining.
Han Ji-Young, a researcher at Kiwoom Securities, commented, "Although it is difficult to say that the burden from the October surge has been completely resolved, it is unlikely that we will see another intraday plunge of nearly 6% as we did last week." She added, "Foreign investors recorded net sales on the KOSPI yesterday as well, but it is noteworthy that the scale of these sales is shrinking over time."
Han also pointed out, "It is worth noting that the MSCI Korea ETF, calculated in U.S. dollars, has only now returned to its previous high, rising from $96.20 at the 2021 peak to $95.60 currently." She explained, "This suggests that the Korean stock market is not relatively expensive for foreign investors who invest in dollars, so it is only a matter of time before their net buying resumes."
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