Overview
- Seoul’s benchmark traded near 4,085 in afternoon dealings on Monday, up about 3.3% from Friday and back above the 4,000 threshold.
- Institutions bought roughly 1.2 trillion won while individuals sold about 1.15 trillion won, with foreigners net selling around 50 billion won for a sixth straight session but at a slower pace.
- Market leaders advanced, with Samsung Electronics up about 2.9% and SK hynix up about 5.4%, as most heavyweight stocks gained.
- The won strengthened to roughly 1,452 per U.S. dollar after sliding below the 1,450 level late last week.
- The rebound follows last week’s record 7.26 trillion won net foreign sell-off concentrated in Samsung and SK hynix, which analysts tied to profit-taking and AI bubble worries, while Monday’s tone improved on policy hopes and signs of progress on the U.S. shutdown.