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KOSPI Closes at Record for Sixth Straight Day as Chips and Autos Lead Rebound

Local institutions drove a late-session rebound despite renewed U.S.–China summit jitters.

Overview

  • South Korea’s benchmark index rose 1.56% to 3,883.68, extending a record-setting streak to six sessions.
  • An early drop tied to comments by U.S. President Donald Trump gave way to gains in chip, auto, battery and bio shares.
  • Institutions were net buyers of 762.3 billion won, while foreigners sold 724.9 billion won and retail investors offloaded 54.2 billion won.
  • LG Chem surged 13.01% after a Palliser Capital report, LG Energy Solution added 4.0%, Samsung Electronics rose 1.13% and SK hynix gained 0.52%.
  • The won weakened to 1,430.25 per dollar as bond moves diverged, with the 3-year yield up to 2.572% and the 5-year yield down to 2.687%.