The biggest increase in the Korea Composite Stock Price Index reached 4.7%. Previously, the index was sold off for two consecutive days and fell to its lowest point since April. Global investors then entered the market to buy individual stocks in the Korean chip sector, driving the market higher. The Korea Composite Stock Price Index fell 1.3% in early trading, then turned red across the board. Samsung Electronics, SK Hynix, and SK Square are the core powerful stocks driving the market upward. The Korea Exchange triggered the market interruption mechanism and suspended programmatic buying of the composite stock index. Shawn Oh, head of Korean stocks at NH Securities, said that South Korea's export data reached a new high from July 1 to 20, providing strong support for local chip stocks: semiconductor exports surged 180.6% year over year to US$22.11 billion, accounting for 40.3% of the country's total exports. J.P. Morgan strategist Mixo Das and others maintained an overrated rating for the Korean stock market and gave the 12-month benchmark target point of 12,500 points for the Korea Composite Stock Price Index, looking at the AI industry cycle and related fundamentals. It wrote in the research report: “Large cloud service providers will continue to increase capital expenses. Recently, there are opinions in the market that many technological and process breakthroughs will weaken demand for memory chips and raise questions in the market, but there are no signs of actual demand weakening.” Global foreign and local funds as a whole made net purchases of components of the Korea Composite Stock Index, focusing on the technology sector; retail investors sold at the same time. The small to medium cap KOSDAQ Index changed from decline to rise, with the biggest increase of 0.8%.

The biggest increase in the Korea Composite Stock Price Index reached 4.7%. Previously, the index was sold off for two consecutive days and fell to its lowest point since April. Global investors then entered the market to buy individual stocks in the Korean chip sector, driving the market higher. The Korea Composite Stock Price Index fell 1.3% in early trading, then turned red across the board. Samsung Electronics, SK Hynix, and SK Square are the core powerful stocks driving the market upward. The Korea Exchange triggered the market interruption mechanism and suspended programmatic buying of the composite stock index. Shawn Oh, head of Korean stocks at NH Securities, said that South Korea's export data reached a new high from July 1 to 20, providing strong support for local chip stocks: semiconductor exports surged 180.6% year over year to US$22.11 billion, accounting for 40.3% of the country's total exports. J.P. Morgan strategist Mixo Das and others maintained an overrated rating for the Korean stock market and gave the 12-month benchmark target point of 12,500 points for the Korea Composite Stock Price Index, looking at the AI industry cycle and related fundamentals. It wrote in the research report: “Large cloud service providers will continue to increase capital expenses. Recently, there are opinions in the market that many technological and process breakthroughs will weaken demand for memory chips and raise questions in the market, but there are no signs of actual demand weakening.” Global foreign and local funds as a whole made net purchases of components of the Korea Composite Stock Index, focusing on the technology sector; retail investors sold at the same time. The small to medium cap KOSDAQ Index changed from decline to rise, with the biggest increase of 0.8%.