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KOSPI Tops 4,900 Intraday as Rally Targets 12th Straight Gain

Autos led gains following reports of stronger U.S. performance by HyundaiKia.

Overview

  • The index briefly reached 4,913.38 and traded near 4,905 by mid‑afternoon, positioning the market for a 12th consecutive advance.
  • Auto shares led the move higher, with Hyundai Motor up 12.59% and Kia up 6.68% in late morning trade, while shipbuilders and semiconductor names added support.
  • Institutional investors were net buyers of about 291.4 billion won, with individuals and foreign investors net sellers.
  • The won hovered around 1,475 per U.S. dollar, a touch firmer than the previous session.
  • Sentiment was tested by trade headlines after President Trump threatened an additional 10% tariff on eight European countries linked to a Greenland dispute.