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Finance

KOSPI nears 7,000 as foreign buying, U.S. rate trend in focus

South Korean stocks are expected to test whether the KOSPI can hold the 7,000 level this week. With semiconductors leading a rebound and gains spreading to non-chip sectors, investors are watching whether foreign buying continues and how U.S. long-term Treasury yields move. Exports in early August rose sharply, led by chip shipments. Markets are also monitoring the release of the Fed’s July meeting minutes and U.S. economic indicators.

Finance

South Korean stocks rise for fifth day, KOSPI nears 7,000

South Korean shares rose for a fifth straight session this week, with the KOSPI closing near the 7,000 mark after briefly moving above it in intraday trading. Foreign investors were net buyers, while retail investors sold, showing a clear split in flows. Large-cap stocks including Samsung Electronics and SK Hynix ended higher. The Kosdaq also finished up, and the won strengthened slightly against the dollar.

AI & Enterprise

MakinaRocks first-half sales hit 7 billion won, up 168 percent year-on-year

Physical AI company MakinaRocks said on Thursday its consolidated first-half revenue rose 168 percent from a year earlier to 7 billion won. Its operating loss narrowed 28 percent to 4.2 billion won. New orders in the first half exceeded 20 billion won, more than triple the year-earlier level, and surpassed last year’s full-year total. The company also said its financial structure improved after a KOSDAQ listing in May.