KOSPI Rises Sharply in Early Trading on Semiconductor and Defense Industry Gains... Up 1.65% [fn Morning Market Brief]

[Financial News] The Korea Composite Stock Price Index (KOSPI) is showing strong gains in early trading, rising 1.65% on the back of large-cap semiconductor and defense industry stocks, approaching the 4,200 mark.
According to the Korea Exchange (KRX), as of 10:15 a.m. on the 29th, the KOSPI was trading at 4,197.74, up 68.06 points (1.65%) from the previous session. The index started at 4,146.48, up 0.41%, and continued to climb, surpassing the 4,190 level.
In the KOSPI Market, individual investors and foreigners are net buyers of 535.4 billion won and 57.2 billion won, respectively, while institutions are net sellers of 570.6 billion won.
By sector, metals (2.80%), electrical/electronics (2.79%), and transportation equipment/parts (2.37%) are showing strong performance, while non-metals (-4.01%), textiles/apparel (-1.83%), and paper/wood (-1.53%) are weaker.
Among large-cap stocks, Hanwha Aerospace (up 7.70%), SK hynix (up 5.84%), and SK Square (up 3.59%) are posting significant gains, while Samsung Life Insurance (down 2.71%), LG Energy Solution (down 1.96%), and Korea Electric Power Corporation (KEPCO) (down 1.13%) are declining.
At the same time, the Korea Securities Dealers Automated Quotations (KOSDAQ) is trading at 924.94, up 5.27 points (0.57%) from the previous day. Individuals are net buyers of 333 billion won, while foreigners and institutions are net sellers of 156.5 billion won and 120.7 billion won, respectively.

koreanbae@fnnews.com Ba Han-geul Reporter