KOSPI falls to the 7,200 level on weakness in chip and electronics stocks; SK hynix briefly slips below 2 million won intraday [Morning Market Update]
- Input
- 2026-07-13 10:31:04
- Updated
- 2026-07-13 10:31:04
[Financial News] The KOSPI is trading in the 7,200 range, weighed down by weakness in large-cap stocks such as SK hynix and Samsung Electro-Mechanics. SK hynix, which had drawn attention after its American Depositary Receipt (ADR) listing, at one point fell as much as 9% intraday and briefly dropped below the 2 million won mark.
According to the Korea Exchange on the 13th, the KOSPI was trading at 7,208.19 as of 10:23 a.m., down 267.75 points, or 3.58%, from the previous session. The index opened at 7,412.03, down 0.85% from the previous close, and widened its losses during the morning, briefly touching 7,225.35, down 3.35%.
On the Korea Exchange Main Board, individual investors were net buyers of 766.8 billion won, while foreign investors and institutions were net sellers of 322.1 billion won and 413.7 billion won, respectively. Early in the session, foreign investors and institutions had been net buyers, but they later turned to net selling.
By sector, chemicals rose 4.37%, textiles and apparel gained 2.92%, and pharmaceuticals advanced 2.09%. In contrast, electrical and electronics fell 5.31%, manufacturing declined 3.89%, and insurance slipped 1.69%.
Among the largest-cap stocks, LG Energy Solution rose 5.21%, KB Financial Group gained 4.12%, and Hyundai Mobis Company Limited climbed 4.10%. Samsung Electro-Mechanics fell 10.29%, SK Square dropped 9.58%, and SK hynix declined 7.57%.
SK hynix, which started the day up 0.27% at 2.207 million won, widened its losses and at one point traded at 1.997 million won, down 9.27%, briefly falling below the 2 million won level.
At the same time, the KOSDAQ was trading at 831.98, down 5.45 points, or 0.65%, from the previous session. Individual investors and institutions were net buyers of 139.8 billion won and 102.2 billion won, respectively, while foreign investors were net sellers of 239.9 billion won.
koreanbae@fnnews.com Bae Hangeul Reporter