Overview
- Following Friday’s record 18 percent surge and Monday’s more-than-5 percent plunge, the KOSPI closed Tuesday at 6,358.95, up 1.62 percent after choppy intraday trading.
- U.S. gains and Amazon’s strong earnings helped fuel demand for AI-linked stocks, but late-morning selling in tech names trimmed earlier advances and produced sharp sector rotation.
- Defense and aerospace shares outperformed with large gains while bellwether chip and tech stocks fell or pared gains during the session.
- Retail investors were net buyers of about 818.4 billion won as institutional and foreign investors sold roughly 539.2 billion won and 370.56 billion won respectively, with trade volume near 310.6 million shares worth about 27.87 trillion won.
- The Korean won traded around 1,431–1,432 per dollar and falling oil earlier helped sentiment, and market participants are watching U.S. jobs data and geopolitical developments for signs that could widen the current volatility and affect policy expectations.