KOSPI Reclaims 7,500 Line on Semiconductor Recovery

Backed by net buying from foreign investors and institutions, the KOSPI has recovered the 7,500-point mark for the first time in four days. Foreign and institutional investors turned to simultaneous net buying to underpin the index's rise, while individual investors offloaded shares to realize profits.

Investor sentiment regarding domestic semiconductor stocks improved following the overnight rally in U.S. chip stocks and the rise in the Philadelphia Semiconductor Index. Major domestic semiconductor leaders surged, with Samsung Electronics gaining over 3% and SK Hynix rising by more than 7%.

The KOSDAQ index opened at 792.99, up 1.02% from the previous session, and is trading above the 800-point mark. In the Seoul foreign exchange market, the won-dollar exchange rate is trading in the early 1,500 range.