KOSPI Hits All-Time High at 7,500 Before Reversing Lower

KOSDAQ Starts Firm, Then Turns Lower

On May 7, the KOSPI index briefly climbed above the 7500 mark in early trading but then reversed into a decline. The KOSDAQ started the session slightly higher.

As of 9:21 a.m. on the same day at the Korea Exchange, the KOSPI index was trading at 7,376.6, down 0.11% from the previous session. Foreign investors and institutions were net sellers, with net sales of KRW 3,223,468 million and KRW 1,258,780 million, respectively, while individual investors were net buyers, with net purchases totaling KRW 4,524,693 million. Earlier, the KOSPI opened at 7,499.07 and hit a new intraday high of 7,531.88.

By sector, general services (up 2.64%), transportation and storage (up 2.52%), construction (up 2.49%), and machinery and equipment (up 1.34%) were on the rise. In contrast, securities (down 6.71%), metals (down 2.99%), medical and precision instruments (down 1.88%), and financials (down 1.8%) were weaker.

Among the major stocks by market capitalization, most were trending lower. Shares of LS ELECTRIC (down 3.3%), Hanwha Aerospace (down 3.2%), HD Hyundai Electric (down 3%), and Samsung Electro-Mechanics (down 2.3%) fell. On the other hand, Doosan Enerbility (up 5.6%), Celltrion (up 3.4%), Kia (up 2.8%), and Hyundai Motor (up 2.5%) were showing gains. Both Samsung Electronics and SK hynix fell by 1.2%.

On the 7th, as the KOSPI index surpassed the 7500 mark in early trading, continuously setting new record highs, the current status of the domestic stock market was displayed on the electronic board in the dealing room at Hana Bank's headquarters in Jung-gu, Seoul. On the same day, the won-dollar exchange rate opened at 1,448.6 won, down 6.5 won from the previous trading day. Photo by Jinhyung Kang, May 7, 2026

The KOSDAQ was trading at 1,213.4, up 0.27% from the previous session. Foreign investors and institutions were net buyers with KRW 111,752 million and KRW 55,545 million, respectively, while individual investors were net sellers with KRW 151,305 million in net sales.

Among the leading KOSDAQ stocks by market capitalization, Seojin System (up 12.2%), Voronoi (up 8.1%), LIG ChemBio (up 3.5%), and ABL Bio (up 2.4%) were rising. In contrast, HPSP (down 5.3%), ISC (down 4.1%), EO Technics (down 3%), and Leeno Industrial (down 3%) were declining.

Meanwhile, on the Seoul foreign exchange market, the won-dollar exchange rate opened at 1,448.6 won, down 6.5 won from the previous trading day.

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