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Finance

KOSPI edges up after three-day slide; SK Hynix jumps over 5 percent

South Korea’s KOSPI snapped a three-session slide to end slightly higher on July 9, lifted by a more than 5 percent jump in SK Hynix a day ahead of its U.S. ADR listing. The index closed up 0.62 percent, after opening sharply higher and swinging widely during the session. Foreigners and institutions were net buyers, while individuals sold. The Kosdaq also rose but failed to regain 800.

Finance

KOSPI rebounds more than 3 percent to reclaim 7,500 level on bargain hunting

South Korea\'s KOSPI rebounded more than 3 percent in early trade on Thursday after a recent sharp fall, supported by bargain hunting. Semiconductor heavyweights such as Samsung Electronics and SK Hynix led the rise. Foreign investors and institutions were net buyers, while retail investors sold. The KOSDAQ also edged up but remained below 800 after breaking that level a day earlier. The won strengthened against the dollar.

Finance

Korea stocks plunge as KOSPI falls more than 5 percent; Kosdaq breaks below 800

South Korean shares tumbled on Tuesday, with the KOSPI ending down 5.35 percent and the Kosdaq falling 5.56 percent to close below the 800 mark. Sell sidecars were triggered intraday in both markets. Foreign investors were net buyers in the main board, while individuals and institutions sold. Most heavyweight shares fell, including Samsung Electronics and SK hynix. The won strengthened, with the dollar-won rate down 15.90 won.