[Digital Today reporter Sangyeob Oh (오상엽)] The KOSPI closed down more than 2 percent on weakness in major semiconductor stocks. The Kosdaq index, marking its 30th anniversary, rose and moved close to the 930 level.

On July 1, the KOSPI ended down 173.07 points, or 2.04 percent, at 8,303.41 from the previous session. The index opened at 8,591.50, up 115.02 points, or 1.36 percent, from the previous close, but later turned lower in intraday trade. It briefly slid to the 8,100 level.

In the main bourse, individuals were net buyers of 1.7397 trillion won. Foreigners and institutions were net sellers of 1.7029 trillion won and 70.5 billion won, respectively.

Among top stocks by market capitalisation, chipmakers were weaker. Samsung Electronics closed down 19,500 won, or 5.84 percent, at 314,500 won from the previous session. SK Hynix fell 90,000 won, or 3.40 percent, to 2.56 million won.

Hyundai Motor fell 1.52 percent, LG Energy Solution fell 3.87 percent, Samsung Life fell 3.49 percent and Samsung C&T fell 7.36 percent.

SK Square rose 3.54 percent, Samsung Electro-Mechanics rose 0.96 percent, Samsung Biologics rose 0.36 percent and HD Hyundai Heavy Industries rose 3.89 percent.

The Kosdaq closed up 13.17 points, or 1.44 percent, at 929.35 from the previous session. It opened at 924.09 and climbed as high as 955.45 in intraday trade, but gave up some gains.

The day marked the 30th anniversary of the launch of the Kosdaq market. The Kosdaq, which had been relatively sidelined in a recent market led by large KOSPI stocks, extended its rebound as policy expectations combined with a view that losses had been excessive.

As of the close, the won-dollar exchange rate stood at 1,555.50 won, up 7.50 won, or 0.48 percent, from the previous session.