As the U.S. stock market closed higher following the announcement of the EU tariff suspension, South Korea's KOSPI also started higher on the 28th. The status board in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul, displays the KOSPI and the KRW/USD exchange rate. As of 10:12 AM that day, the KOSPI was up 1.77% at 2,683.87, and the KRW/USD exchange rate rose by 5.50 won to 1,374.80. Photo by Jo Yongjun, May 28, 2025

As the U.S. stock market closed higher following the announcement of the EU tariff suspension, South Korea's KOSPI also started higher on the 28th. The status board in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul, displays the KOSPI and the KRW/USD exchange rate. As of 10:12 AM that day, the KOSPI was up 1.77% at 2,683.87, and the KRW/USD exchange rate rose by 5.50 won to 1,374.80. Photo by Jo Yongjun, May 28, 2025

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The KOSPI index is showing strong intraday gains of over 1%, supported by net buying from foreign investors and institutions.


As of 10:11 AM on May 28, 2025, the KOSPI was trading at 2,683.37, up 1.75% from the previous day.


By investor type, institutions and foreign investors recorded net purchases of 224.7 billion won and 115.5 billion won, respectively, while individual investors posted net sales of 333.8 billion won. In the futures market, institutions and individuals recorded net sales of 435.6 billion won and 186.9 billion won, respectively, while foreign investors recorded net purchases of 728.3 billion won.


Most sectors are on the rise. The electrical and electronics sector is up 3.3%, manufacturing 2.12%, metals 1.91%, construction 1.65%, chemicals 1.72%, securities 1.71%, finance 1.69%, IT services 1.54%, transportation equipment 1.12%, machinery and equipment 0.96%, medical precision 0.64%, transportation and warehousing 0.72%, distribution 0.55%, insurance 0.31%, and general services 0.35%. On the other hand, textiles and apparel are down 0.62%, electric and gas -0.32%, and non-metallics -0.21%.


Most of the large-cap stocks are also showing gains. Samsung Electronics is up 3.43% and SK Hynix is up 2.96%. Samsung Biologics is up 0.49%, LG Energy Solution 3.67%, Hyundai Motor 2.03%, HD Hyundai Heavy Industries 1.58%, Kia 1.25%, Celltrion 0.13%, Naver 2.12%, and Shinhan Financial Group 0.18%. In contrast, Hanwha Aerospace and KB Financial Group are trading slightly weaker.


At the same time, the KOSDAQ index is also continuing its upward trend. The KOSDAQ was trading at 732.59, up 0.75% from the previous day. By investor type, institutions and foreign investors recorded net purchases of 18.9 billion won and 3.5 billion won, respectively, while individual investors posted net sales of 13.8 billion won.


Among the top KOSDAQ stocks by market capitalization, performances are mixed. Alteogen is down 1.6%, Peptron -3.7%, PharmaResearch -2.45%, Hugel -4.14%, Legochem Bio -0.69%, ABL Bio -1.21%, and Classys -1.67%. On the other hand, Ecopro BM is up 4.68%, HLB 2.09%, Ecopro 4.82%, and Rainbow Robotics 0.94%.



Meanwhile, in the Seoul foreign exchange market, the KRW/USD exchange rate is trading at 1,374.7 won, down 1.7 won from the previous day.


This content was produced with the assistance of AI translation services.

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