{
  "id": 327748,
  "title": "[Opening Market] KOSPI Recovers 6,380 Level Amid Won/Dollar Rate Staying in Mid-1,420 Range",
  "url": "https://urgent.news/2026/08/07/opening-market-kospi-recovers-6-380-level-amid-won-dollar-rate",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-07T11:14:30.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=274349"
  },
  "original_language": "en",
  "account": "On August 7, South Korea's KOSPI stock market managed to rebound from the previous day's significant drop, opening with a 1% increase. The surge was attributed to a recovery in investor sentiment, following a positive start in the US New York stock market where semiconductor and major technology stocks experienced intraday losses or turned upward overnight. The KOSPI index opened at 6,365.07 points, marking a 1.09% increase from the previous day, and rose to the 6,380 level by 9:10 a.m. amid foreign and institutional investor buying momentum.\n\nMeanwhile, the KOSDAQ index also began at 807.62, up 5.95 points (0.74%) from the prior trading day, and overtook the 810 level, signaling a warming trend in the broader market. Foreign and institutional investors entered the KOSPI market with a downward buying trend, focusing on large-cap stocks after their heavy selling the day before, particularly in the semiconductor sector. Retail investors, on the other hand, were engaged in profit-taking and risk management, selling 304.1 billion won.\n\nThe net buying by foreign and institutional investors was substantial, with 287.9 billion won and 55.4 billion won injected into the KOSPI and KOSDAQ indices, respectively. Foreign and institutional supply was particularly concentrated in the KOSPI electrical and electronic sector, which includes key players like Samsung Electronics and SK Hynix, who saw net purchases of 363.4 billion won and 56.2 billion won, respectively. In contrast, retail investors experienced a selling surge, netting 378.6 billion won in the electrical and electronic sector alone.\n\nThe rebound of Samsung Electronics and SK Hynix played a pivotal role in the index's rise. Samsung Electronics, which had plummeted by 6% the day before, gained 2.17% in early trading (from 235,500 won) and SK Hynix, which experienced a nearly 10% drop, recovered to 1,510,000 won (up 1.00% from 1,500,000 won). This positive movement in major semiconductor stocks was believed to stem from the rebound or reduced losses of US counterparts like Micron, AMD, and Broadcom in early trading.\n\nThe won/dollar exchange rate in Seoul traded in the mid-1,420 won range, down slightly from the previous day, at around 1,423.3 won. Despite expectations of increased artificial intelligence capital expenditure by U.S. tech giants, the dollar's temporary strength appeared to be calming. The securities industry speculated that a technical rebound was underway, following the previous day's excessive plunge due to dwindling investment sentiment in technology stocks. The market forecast that whether foreign investors would continue to net buy would ultimately determine the direction of the index during late trading hours.",
  "summary": "On the morning of Aug. 7, the domestic stock market overcame the previous day’s sharp decline and successfully rebounded, starting with an upward trend of over 1%. As semiconductor and major technology stocks in the US New York stock market reduced their intraday losses or turned upward overnight, d",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}