Market Rebound
- KOSPI Roars Back 3.8% to 6,598 as Foreign Buyers Erase a 5.1% Plunge
The KOSPI closed 3.8% higher at 6,598, wiping out a 5.1% plunge, as foreign investors bought 1.4 trillion won in shares and buy sidecars fired on both markets.
- KOSPI Reclaims 7,000 as Buy Sidecars Fire on Both Korean Boards
KOSPI jumped 4.4% back above 7,000 and KOSDAQ surged more than 5%, triggering buy-side sidecars on both markets in a sharp rebound.
- KOSPI Snaps Back 5.76%, Reclaims 8,000 as Chip Giants Lead Rebound
KOSPI rebounded 5.76% to reclaim the 8,000 mark one day after a steep sell-off, driven by 8%-plus gains in Samsung Electronics and SK Hynix.
