South Korea's KOSPI Falls 3.84% Last Week; Samsung Electronics Q2 Earnings in Focus This Week

According to Newsis, South Korea's KOSPI index fell 3.84% week-on-week to 8,088.34 last week, with foreign investors net selling 19.87 trillion won. The index plunged over 800 points earlier in the week following Meta's cloud AI initiative announcement, which sparked concerns about hyperscaler investment demand, but rebounded sharply on semiconductor buying.

This week's market focus shifts to Q2 earnings, with Samsung Electronics' interim results on July 7 serving as a key catalyst. Analysts at Daishin Securities and NH Investment Securities expect Samsung's Q2 operating profit at 84.8–85.6 trillion won, up significantly from a 48.4–54.5 trillion won consensus in late March, suggesting strong profit momentum despite recent semiconductor volatility.