KOSPI Rises on Foreign and Institutional Buying, Recovers 2,570 Mark

The KOSPI rebounded above the 2,570 mark, driven by net purchases from both foreign investors and institutions.

On the 7th, as the three major New York stock indices all fell, the won/dollar exchange rate dropped below 1,400 won. The status board in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul, displayed the KOSPI and won/dollar exchange rate. On that day, the KOSPI opened at 2,576.62, up 16.83 points from the previous session, and the won/dollar exchange rate started the day at 1,380.0 won, down 25.3 won. May 7, 2025 Photo by Cho Yongjun

On May 7, the KOSPI closed at 2,573.80, up 14.01 points (0.55%) from the previous trading session.

By investor type, foreign investors and institutions recorded net purchases of 349.8 billion won and 86.9 billion won, respectively. In contrast, individual investors posted a net sale of 464.5 billion won.

By sector, electricity and gas rose by 3.00%. Transportation and storage jumped 2.49%, while transportation equipment and parts, construction, and electrical and electronics each gained more than 1%. On the other hand, pharmaceuticals fell by 3.09%, and telecommunications declined by 1.31%.

Among large-cap stocks, Samsung Electronics ended the session at 54,600 won, up 300 won (0.55%) from the previous session. Hanwha Aerospace surged 8.80%, and SK hynix climbed 2.58%. In addition, HD Hyundai Heavy Industries and Hanwha Ocean both rose more than 1%.

In contrast, Samsung Biologics dropped 4.06%, while Celltrion and Kia each fell more than 1%.

On the KOSPI, a total of 461 stocks rose, including two that hit the upper price limit: Orient Bio and Pyeonghwa Holdings. A total of 417 stocks declined, including Dong Sung Pharm, which hit the lower price limit, while 57 stocks remained unchanged.

The KOSDAQ closed at 722.81, up 0.95 points (0.13%) from the previous session.

By investor type, foreign investors recorded a net purchase of 24.8 billion won, while institutions posted a net sale of 3.2 billion won.

By sector, construction, transportation equipment and parts, IT services, and textiles and apparel each jumped more than 2%. Non-metallic minerals, machinery and equipment, metals, and medical and precision instruments all rose by more than 1%. In contrast, pharmaceuticals and chemicals each fell by more than 1%.

Among large-cap stocks, Alteogen closed at 356,500 won, unchanged from the previous session.

ABL Bio plunged 8.26%, and LegoChem Biosciences dropped 6.84%. EcoPro BM, EcoPro, Hugel, and Peptron all fell by more than 3%, while PharmaResearch and Samchundang Pharm each declined by more than 2%. On the other hand, Rainbow Robotics rose 3.12%, and both HLB and Classys gained more than 2%.

On the KOSDAQ market, a total of 953 stocks rose, including eight that hit the upper price limit, such as One ENM, Sangji Construction, AlphaNox, and Kona I. A total of 665 stocks declined, with none hitting the lower price limit.