KOSPI Rises 1% on U.S. Trade Talks and Strong Earnings; KOSDAQ Also Starts Strong

by Kim Jinyeong

Published 24 Jul.2025 09:41(KST)

On July 24, the domestic stock market opened higher across the board in early trading, supported by optimism over U.S.-led trade negotiations and strong earnings from SK Hynix.

As of 9:25 a.m. on this day, the KOSPI was trading at 3,235.25, up 51.48 points (1.62%) from the previous day. The index initially opened at 3,209.43, up 25.66 points (0.81%), and continued to climb. While individual investors alone recorded net selling of 550.7 billion won, foreign investors and institutions were net buyers, purchasing 413.6 billion won and 132.3 billion won, respectively.

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All major large-cap stocks were on the rise. LG Energy Solution led the gains with a 6.39% jump, followed by Doosan Enerbility (5.21%) and Samsung Biologics (5.17%), which announced strong earnings after the market closed the previous day. SK Hynix, which announced its largest-ever quarterly earnings in a provisional disclosure on this day, was also up 3.53%. Other notable gainers included Shinhan Financial Group (2.79%), KB Financial Group (2.43%), Hanwha Aerospace (2.09%), Kia (2.07%), Celltrion (2%), and Samsung C&T (2%).

At the same time, the KOSDAQ was trading at 819.03, up 5.53 points (0.66%). The index started the session at 816.94, up 3.38 points (0.42%). While individual investors sold a net 30.6 billion won, foreign investors and institutions were net buyers, purchasing 24.7 billion won and 8.6 billion won, respectively.

Most of the major large-cap stocks on the KOSDAQ were also strong. Samchundang Pharm stood out with a sharp rise of 11.24%, while ABL Bio (4.39%), EcoPro BM (1.65%), and EcoPro (1.56%) were also on the rise. In contrast, Peptron (-2.87%) and PharmaResearch (-0.86%) were weak.

By sector, electrical equipment (+4.79%), machinery (+3.20%), pharmaceuticals (+3.05%), energy equipment and services (+2.83%), banks (+2.31%), and communications equipment (+2.27%) were all rising, while healthcare providers and services (-2.12%), internet and catalog retail (-1.33%), and trading companies (-1.01%) were declining.