KOSPI Jumps 5.79%, Reclaiming the 5,200 Level
"160,000 Won Samsung Electronics" and "900,000 Won Hynix" Regained
On the 3rd, the KOSPI recovered the 5,200 level after rebounding from the previous day's plunge. The index had fallen more than 5% the day before, triggering a sell-sidecar, but on this day it surged sharply, with a buy-sidecar being activated.
As of 1:50 p.m. that day, the KOSPI was trading at 5,236.11, up 5.79% from the previous session. It climbed back above the closing level of 5,224.36 on January 30, before share prices plunged on the news of Kevin Warsh's nomination as Chair of the U.S. Federal Reserve (Fed). Earlier in the session, the KOSPI opened at 5,114.81, up 3.34% from the previous close.
An employee monitors the stock market and exchange rates in the dealing room at Hana Bank's head office in Jung-gu, Seoul, on the 3rd, when a buy-sidecar (temporary suspension of program buy orders) was triggered as the KOSPI surged more than 4% just one day after its plunge. That day, the KOSPI opened at 5,114.81, up 165.14 points (3.34%) from the previous session. 2026.2.3 Photo by Cho Yongjun
View original imageIndividual investors recorded net selling of 2.4055 trillion won, locking in profits. Foreign investors and institutions led the rally with net purchases of 68.8 billion won and 1.6739 trillion won, respectively.
All of the top 10 stocks by market capitalization were on the rise. In particular, Samsung Electronics, the largest by market cap, jumped 9.4%, returning to the so-called "160,000 won Samsung Electronics" level. SK Hynix, the second-largest, climbed 8.9%, regaining the "900,000 won Hynix" mark.
All sectors were also higher. Securities rose the most, up 13.13%, followed by electrical and electronics at +8.51%, manufacturing at +6.49%, machinery and equipment at +5.54%, and distribution at +4.55%.
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At the same time, the KOSDAQ index was trading at 1,132.65, up 3.12% from the previous session. While foreign investors and individuals recorded net selling of 216.2 billion won and 295 billion won, respectively, institutions posted net buying of 569.6 billion won.
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