Overview
- The KOSPI closed up 2.2% at 4,220.56, the highest since Nov. 3.
- SK hynix rose 6.84% after the Korea Exchange removed its investment-warning designation following 10 sessions on the list.
- Samsung Electronics added 2.14%, and gains broadened to defense and heavy industry, led by Hanwha Aerospace (+9.08%) and Doosan Enerbility (+3.94%).
- Foreign investors were net buyers of 331.46 billion won, whereas institutions and retail investors were net sellers.
- LG Energy Solution slipped after canceling a 3.9 trillion won supply deal with U.S.-based FBPS, and the won strengthened to 1,429.8 per dollar.