In September, South Korea's semiconductor exports reached an all-time high, boosting major semiconductor stocks and helping the KOSPI index recover above 7000. Samsung Electronics surged nearly 5%, while institutional investors made net purchases of approximately 1.5 trillion won, driving the index higher.
On September 21, the KOSPI closed at 7007.72, up 113.49 points (1.65%) from the previous trading day.
In the securities market, institutions net bought 1.4924 trillion won, while individual and foreign investors sold 2.979 trillion won and 160.3 billion won, respectively.
Among the top market capitalization stocks, semiconductor shares showed significant strength. Samsung Electronics rose 4.98%, and SK Hynix increased by 0.59%. Samsung Electronics preferred shares climbed 6.07%, SK Square gained 4.45%, and Samsung Electro-Mechanics was up 2.95%.
Samsung C&T also saw a 4.70% increase, while KB Financial rose 1.49%, and Samsung Biologics was up 0.29%. In contrast, LG Energy Solution fell by 3.30%, and Hyundai Motor dropped 1.64%.
The KOSDAQ index also closed higher, gaining 9.15 points (1.11%) to finish at 836.27.
In the KOSDAQ market, individuals net bought 142.8 billion won, while foreign and institutional investors sold 99.2 billion won and 30.7 billion won, respectively.
Notably, semiconductor equipment and materials stocks performed well. IOTechniques surged 6.73%, Wonik IPS jumped 6.17%, and Simtech rose 3.98%. HPSP increased by 1.48%, Rainbow Robotics was up 0.80%, and Alteogen gained 0.59%.
Conversely, EcoPro fell by 1.48%, and EcoPro BM dropped 1.43%, indicating weakness in the secondary battery sector. JUSUNG Engineering closed unchanged.
Lee Kyung-min, a researcher at Daishin Securities, noted, "South Korea's exports from September 1 to 20 reached $71.4 billion, a 78.3% increase compared to the previous year. In particular, semiconductor exports surged 259.4% to $34.1 billion, setting a new record and reaffirming a solid market condition." He added, "Strong semiconductor exports are supporting performance momentum and acting as upward pressure on the domestic stock market."
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.