Overview
- South Korea’s benchmark index rose 1.94% to 4,089.25 on Monday, reversing part of Friday’s 3.81% decline.
- Foreign investors were net buyers by 518.18 billion won, offsetting selling by retail and institutional investors.
- Samsung Electronics gained 3.5% to 100,600 won and SK hynix jumped 8.21% to 606,000 won, helped by signs of tighter memory supply after Samsung raised some chip prices.
- AI valuation worries eased, and investors are watching Nvidia’s earnings this week for cues on sector momentum.
- KRX data show the rally since June lifted market capitalization by about 1,088 trillion won to roughly 3,299 trillion won, with 61 companies now above 10 trillion won and LG Energy Solution entering the 100 trillion-won tier.