KOSPI 7,291.91recovers, with bank stocks and Hynix providing support
2026-07-09The KOSPI 45.12points (0.62%) higher, closing at 7,291.91. Amid individual investors selling 1trillion5,000billion won worth of shares, bank stocks showed strength, while the index's upward trend continued under the influence of SK Hynix the previous day. The KOSDAQ regained the 800level in a single day.
2026-07-09The KOSPI 45.12points (0.62%) higher, closed at 7,291.91. The move stands out because it shows that the index was defended in a volatile session.
The index briefly moved into a decline during the session before ultimately switching to a higher close. Intraday fluctuations were heavily influenced by supply and demand during trading hours.
Individual investors dumped 1trillion5,000billion won worth of shares that day. In parallel, the market observed signs that the “pension fund army” had been deployed.
Bank stocks showed relatively strong performance that day. Trading in the banking sector, classified as a defensive sector amid market volatility, was active.
The previous day, the KOSPI had recovered the 7,500mark under the influence of SK hynix in the U.S. market. On this day as well, developments related to SK hynix affected the index.
The KOSDAQ recovered the 800mark in a single day. The semiconductor materials, components, and equipment sectors appeared to lead the index's rise.
Trading value and flows by type of market participant were key factors in the day's index movements. Participants continued to monitor supply-and-demand trends even after the market close.