KOSDAQ surged over 3% during morning trading on July 13, driven by strong buying in biotech, battery, and semiconductor equipment stocks. As of 9:14 AM, the index rose 25.76 points (3.08%) to 863.19, recovering the 860 level as institutional and retail investors poured 29 billion won and 48.1 billion won respectively into market-cap leaders. The rally occurred as KOSPI showed mixed performance, opening down 0.85% before rebounding to 7484.79 (+0.12%) by the same time. South Korean stocks experienced divergent sector performance, with technology and healthcare leading gains while select electronics components faced selling pressure.
KOSDAQ Opens at 839.72 and Climbs to Intraday High of 865.72
KOSDAQ opened at 839.72, up 2.29 points (0.27%) from the previous session, before climbing to an intraday high of 865.72 as buying concentrated in large-cap stocks. The index recorded an intraday low of 838.89. Foreign investors sold 71.6 billion won worth of shares during the session, while domestic institutions and retail investors provided net buying support.
Semiconductor Equipment Stocks Post Sharp Gains Led by Jusung Engineering
Semiconductor equipment stocks dominated the gainers list on July 13. Jusung Engineering surged 9.69%, while Lino Industrial (7.18%), Wonik IPS (6.32%), PSK (5.86%), and EO Technics (5.81%) all posted strong advances. The sector's collective rally contributed significantly to KOSDAQ's overall 3.08% gain during morning trading.
Alteogen Trades at 340,500 Won as Biotech Stocks Advance
Biotech leader Alteogen rose 5.09% to trade at 340,500 won, while Kolon TissueGene gained 0.67%. Battery stocks also contributed to the rally, with EcoPro up 3.15% and EcoPro BM advancing 2.55%. Robotics stock Rainbow Robotics climbed 1.87%, adding momentum to the technology-driven index surge.
KOSPI Rebounds from 7412.03 Opening to Trade Above 7480
KOSPI opened at 7412.03, down 63.91 points (0.85%) from the previous close, but recovered as foreign investors and institutions bought 6 billion won and 21.5 billion won respectively. The index reached an intraday high of 7529.07 before retreating to 7484.79 (+0.12%) as of 9:14 AM. Retail investors sold 27.4 billion won during the session.
LG Energy Solution gained 3.83%, Hyundai Motor rose 3.06%, and Samsung Biologics advanced 3.01%. KB Financial climbed 2.44%, while Samsung Electronics and Samsung Electronics preferred shares rose 1.58% and 0.98% respectively. SK Square fell 5.96% and Samsung Electro-Mechanics dropped 5.74%, while SK Hynix declined 3.58%.
KOSPI 200 Futures Trade at 1204.05 in Derivatives Market
KOSPI 200 futures (September 2026 contract) traded at 1204.05 as of 8:54 AM (20-minute delay), down 6.45 points (0.53%) from the previous session. The won-dollar exchange rate opened at 1498.9 won, slightly higher than the previous close, in the Seoul foreign exchange market.
FAQ
What caused KOSDAQ to surge over 3% on July 13?
KOSDAQ rose 3.08% to 863.19 as of 9:14 AM on July 13, driven by concentrated buying in biotech, battery, and semiconductor equipment stocks. Institutional investors purchased 29 billion won and retail investors bought 48.1 billion won, focusing on market-cap leaders including Jusung Engineering (+9.69%), Alteogen (+5.09%), and EcoPro (+3.15%).
How did KOSPI perform during the same trading session on July 13?
KOSPI opened down 0.85% at 7412.03 but recovered to 7484.79 (+0.12%) by 9:14 AM on July 13. Foreign investors and institutions bought 6 billion won and 21.5 billion won respectively, supporting the rebound. The index reached an intraday high of 7529.07 before retreating to near-flat levels.
Which Korean stocks led gains and losses on July 13 morning session?
Top gainers included Jusung Engineering (+9.69%), Lino Industrial (+7.18%), Alteogen (+5.09%), LG Energy Solution (+3.83%), and Hyundai Motor (+3.06%). Major decliners were SK Square (-5.96%), Samsung Electro-Mechanics (-5.74%), and SK Hynix (-3.58%) during the July 13 morning trading session.
