KOSPI Closes at Record High of 4,081.15, Approaching 4,100 Mark

The Korea Composite Stock Price Index (KOSPI) set another all-time high on the 29th. After breaking through the 4,080 level, KOSPI is now on the verge of reaching 4,100.
According to the Korea Exchange (KRX), KOSPI closed at 4,081.15, up 1.76% from the previous trading day. During the session, the index surged to an intraday high of 4,084.09, setting a new record. Having surpassed the 4,000 mark at the close on the 27th, KOSPI now stands just a step away from 4,100.
Institutional Investors were the main drivers behind the index’s rise. On this day, they recorded a net purchase of 674.3 billion won in the main market. In contrast, individual investors and foreign investors posted net sales of 438.6 billion won and 181.7 billion won, respectively.
This surge is attributed to heightened expectations for trade negotiations following the South Korea–United States summit. During the opening remarks at the summit held at Gyeongju National Museum, U.S. President Donald Trump mentioned cooperation between the two countries in the shipbuilding industry.
The semiconductor sector also contributed to the rally. On this day, SK hynix announced its third-quarter results, reporting sales of 24.4489 trillion won and an operating profit of 11.3834 trillion won. This marks the first time the company’s operating profit has exceeded 10 trillion won since its founding. SK hynix closed at 558,000 won, soaring 7.10% from the previous session.
Among large-cap stocks, Samsung Electronics (up 1.01%), LG Energy Solution (up 0.78%), Doosan Enerbility (up 11.57%), and Hyundai Motor (up 2.99%) all finished higher. Meanwhile, Samsung Biologics (down 0.89%), Hanwha Aerospace (down 0.30%), and Celltrion (down 1.51%) closed lower.
By sector, machinery (up 6.42%), retail (up 5.05%), and electrical and electronics (up 2.93%) ended the day with gains. In contrast, textiles and apparel (down 4.60%) and pharmaceuticals (down 1.23%) declined.
The Korean Securities Dealers Automated Quotations (KOSDAQ) closed at 901.59, down 0.19% from the previous session. In the KOSDAQ market, Institutional Investors sold 60.4 billion won, while individual investors and foreign investors purchased 73.9 billion won and 33.7 billion won, respectively.


hippo@fnnews.com Kim Chan-mi Reporter