"Thank You NVIDIA" KOSPI Recovers to 2630s on Foreign and Institutional Buying

Secondary Battery Stocks Continue Weakness

The KOSPI recovered to the 2630 level, supported by combined buying from foreigners and institutions. The rally in semiconductor stocks driven by Nvidia was seen as a key factor.

On the 15th, the KOSPI closed at 2633.45, up 10.16 points (0.39%) from the previous session. The index opened at 2632.37, up 9.08 points (0.35%) from the previous close, fluctuated within a narrow range, and then turned to a slight upward trend.

In the securities market, foreigners and institutions net bought 282.6 billion KRW and 22.4 billion KRW respectively. Individuals showed a net selling preference of 346.4 billion KRW.

The domestic stock market showed a favorable trend centered on semiconductor stocks such as SK Hynix, buoyed by Nvidia's strength overnight. However, the overall warming did not spread across all stocks, limiting the index's gains.

Among the top market capitalization stocks, semiconductor stocks such as Samsung Electronics (0.33%) and SK Hynix (2.88%), as well as bio stocks like Samsung Biologics (4.44%) and Celltrion (2.40%), rose. Secondary battery stocks including LG Energy Solution (-0.62%), POSCO Holdings (-3.29%), and Samsung SDI (-2.23%) fell due to continued deterioration in investor sentiment following Tesla's robotaxi announcement. Financial stocks such as KB Financial (-1.65%) and Shinhan Financial Group (-0.52%), which had risen the previous day, also declined.

By sector, pharmaceuticals (3.19%), machinery (1.06%), and electrical and electronics (0.31%) rose, while chemicals (-1.80%) and steel & metals (-1.00%) declined.

Meanwhile, the KOSDAQ index closed at 773.81, up 3.55 points (0.46%) from the previous session. The index opened at 773.37, up 3.11 points (0.40%) from the previous close, fluctuated within a narrow range, and then turned to a slight rise.

In the KOSDAQ market, individuals net bought 58.7 billion KRW, while foreigners and institutions showed net selling preferences of 49.2 billion KRW and 3.4 billion KRW respectively.

Among the top stocks, Rigachem Bio (3.88%) and Hugel (4.76%) hit 52-week highs during the session, while Alteogen (2.11%) and HLB (5.74%) also rose. On the other hand, Ecopro BM (-2.73%), Ecopro (-2.60%), and Enchem (-2.49%) declined.