KOSPI 3.57% surge at the open, Samsung Electronics 4.5%↑
KOSPI rose 3.57% to open at 7,552.49 on 7 month 10, while Samsung Electronics gained 4.5%. KOSDAQ opened at 1.64% higher at 807.00, but selling emerged during the session amid AI-related volatility.
KOSPI rose 3.57% to open at 7,552.49 on 7 month 10. This opening coincided with strong momentum centered on large-cap stocks.
Samsung Electronics gained 4.5%. Financial and insurance stocks also surged together, supporting the early-session advance.
KOSDAQ opened 1.64% higher at 807.00. Later in the session, buying flowed into small- and mid-cap stocks as the index's gain widened.
Looking at the session as a whole, the KOSDAQ index4% higher. Strength in the biotech and equipment sectors stood out.
Among individual stocks, Alteogen8% higher, while Wonik IPS10% surged. The two stocks helped drive the KOSDAQ's strength.
SK hynix6% higher, while Samsung Electronics continued to show strength of around4% during the session. Buying was observed mainly in large-cap semiconductor stocks.
Meanwhile, the KOSPI briefly hit the brakes sharply as volatility in the AI sector increased, and selling by individual investors was also detected. Intraday fluctuations were large.
In summary,10the session saw large-cap stocks and leading KOSDAQ stocks rise simultaneously, while performance varied across sectors.