KOSPI Composite Index tops 6,000 on renewed US-Iran renegotiation hopes, driven by foreign and institutional buying [Financial News Afternoon Market Briefing]
- Input
- 2026-04-14 14:24:53
- Updated
- 2026-04-14 14:24:53
[Financial News] Renewed expectations for renegotiations between the United States of America (US) and Iran pushed the KOSPI Composite Index back above the 6,000 level for the first time in 30 trading days.
According to the Korea Exchange (KRX) on the 14th, as of 2:20 p.m. the KOSPI Composite Index was trading at 6,000.79, up 192.17 points (3.31%) from the previous day. It had opened at 2,960.00, 2.61% higher than the previous close, and extended its gains to touch an intraday high of 6,026.52.
On the Korea Exchange Main Board (KOSPI Market), foreign investors and institutions were net buyers of 888.7 billion won and 1.5536 trillion won, respectively, while retail investors were net sellers of 2.6771 trillion won.
By sector, securities (up 6.52%), electrical and electronics (up 4.61%), and utilities such as electricity and gas (up 4.14%) were strong, while the only sector in negative territory was entertainment and culture (down 0.21%).
Most large-cap stocks by market capitalization were also advancing. Mirae Asset Securities jumped 10.87%, SK Square gained 8.45%, and SK hynix climbed 7.40%. In contrast, Samsung SDI slipped 1.68%, Hanwha Aerospace fell 1.44%, and KB Financial Group edged down 0.13%.
At the same time, the KOSDAQ market was trading at 1,122.83, up 22.99 points (2.09%) from the previous session. Retail investors were net buyers of 78.6 billion won, while foreign investors and institutions were net sellers of 46.8 billion won and 56.2 billion won, respectively.
Kang Shin-hyeok, senior researcher at Shinhan Securities, explained, "After Iran implemented a maritime blockade, President Donald Trump mentioned allowing ships to pass through the Strait of Hormuz and referred to Iran’s request for talks, which has heightened expectations for renewed negotiations." He added, "In the domestic market, semiconductor stocks, led by SK hynix ahead of its earnings release, are on an upward trend."
koreanbae@fnnews.com Bae Han-geul Reporter