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16h ago

KOSPI Climbs on US Trade Pacts With Japan and the Philippines

Washington’s trade pacts with Japan and the Philippines lifted sentiment before August’s reciprocal tariff deadline.

A dealing room at Hana Bank in central Seoul on July 23, 2025. (Yonhap)
A dealing room at Hana Bank in central Seoul on July 22, 2025. (Yonhap)
A dealing room at Hana Bank in central Seoul on July 18, 2025. (Yonhap)
This photo taken July 22, 2025, shows the dealing room of Hana Bank in central Seoul. (Yonhap)

Overview

  • The KOSPI gained 0.44 percent to close at 3,183.77 on Wednesday, reversing Tuesday’s 1.27 percent drop.
  • Foreign investors net bought 316.15 billion won and institutional investors added 292.31 billion won while retail traders sold 682.82 billion won.
  • Big-cap tech and automotive stocks led gains, with Samsung Electronics and Hyundai Motor among the top performers.
  • News of US tariff agreements boosted confidence despite just ten days remaining until the reciprocal tariff deadline on August 1.
  • Investors are bracing for second-quarter corporate earnings to guide market direction as trade-policy talks continue.