On the 11th, the KOSPI rose for the fifth consecutive trading day, breaking through the 3,200 mark during intraday trading.
As of 9:30 a.m. on this day, the KOSPI was trading at 3,184.77, up 1.54 points (0.05%) from the previous session.
On the 11th, as the domestic stock market capitalization surpassed 3,000 trillion won for the first time in history and the KOSPI index broke through the 3,200 mark for the first time in 3 years and 10 months, reaching an all-time high, the KOSPI index was displayed on the monitor in the dealing room of Hana Bank in Jung-gu, Seoul. On that day, the KOSPI opened at 3,186.35, up 3.12 points (0.10%) from the previous session. 2025.7.11 Photo by Cho Yongjun
Individual investors recorded a net purchase of 119.6 billion won. In contrast, institutional investors and foreign investors each recorded net sales of 15.8 billion won and 97.3 billion won, respectively.
The KOSPI, which opened at 3,186.35, reached 3,200.97 during the session, surpassing the previous day’s yearly high of 3,183.23. This is the first time in 3 years and 10 months that the index has crossed the 3,200 mark during intraday trading, since September 7, 2021 (3,201.76).
The bullish trend in the stock market is interpreted as being driven by positive momentum from the New York stock market overnight. On the 10th (local time), the Dow Jones Industrial Average rose by 0.43%, the S&P 500 index increased by 0.27%, and the Nasdaq Composite Index climbed by 0.09%. Both the S&P 500 and Nasdaq set new all-time highs for the second consecutive day.
Among the top 10 KOSPI stocks by market capitalization, semiconductor stocks such as Samsung Electronics Preferred (up 1.57%), Samsung Electronics (up 1.31%), and SK hynix (up 0.84%) showed strong performance.
In particular, SK hynix surpassed 300,000 won in early trading, achieving the so-called '300manix' milestone. This appears to be due to the positive momentum from semiconductor stocks in the New York market, including Nvidia, which all rose overnight, positively impacting domestic semiconductor stocks. On the 10th (local time), Nvidia closed at $164.10, up 0.75% from the previous day, surpassing a market capitalization of $4 trillion for the first time based on the closing price.
In addition, Kia (up 0.7%), KB Financial Group (up 0.34%), and Hyundai Motor (up 0.24%) also rose. On the other hand, Doosan Enerbility (down 2.22%), NAVER (down 1.73%), Samsung Biologics (down 1.2%), and LG Energy Solution (down 0.63%) declined.
At the same time, the KOSDAQ index rose by 5.65 points (0.71%) to 803.35, recovering the 800 mark for the first time in 12 trading days since June 25 (803.93).
Institutional investors and foreign investors recorded net purchases of 3.1 billion won and 25 billion won, respectively. Individual investors recorded a net sale of 30 billion won.
Among the top 10 KOSDAQ stocks by market capitalization, HLB (up 3.56%), Ecopro (up 3.09%), Ecopro BM (up 2.96%), Pharmaresearch (up 2.14%), Hugel (up 1.7%), and Rainbow Robotics (up 0.18%) rose. In contrast, Recochem Bio (down 3.1%), Peptron (down 1.42%), Alteogen (down 1.0%), and Classys (down 0.34%) declined.
Lee Sunghoon, a researcher at Kiwoom Securities, commented on the recent characteristics of the domestic stock market, saying, "While the existing leading stocks (such as shipbuilding and defense) are maintaining a solid trend, sector rotation into other industries is also occurring rapidly." He added, "It is worth noting that major pharmaceutical and biotech stocks by market capitalization rebounded in both the KOSPI and KOSDAQ markets yesterday."
He continued, "On a monthly basis last month, healthcare was one of the most neglected sectors among all industries," and added, "Given the current rapid sector rotation in the stock market, it is time to pay attention to healthcare stocks with individual earnings momentum in order to keep pace with the market."
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