KOSPI and KOSDAQ Plunge Amid Heavy Foreign Selling

The South Korean stock market experienced a severe downturn on July 28, 2026, with the benchmark KOSPI plummeting 10.84% to close at 6,023.66 and the tech-heavy KOSDAQ dropping 7.72% to 705.85. Foreign investors heavily sold off KOSPI shares, registering a massive net-sell of 4,966,558 million KRW, while the USD/KRW exchange rate finished at 1,459.60.

SAMSUNG BIOLOGICS (207940) +0.26%

SAMSUNG BIOLOGICS chart

P/EP/BEPSMkt CapROEDebt Ratio52W Range
58.299.6126,572₩71.7T19.56%51.40%982,000–1,987,000

Samsung Biologics edged up 0.26% amid mixed market signals. The stock benefited from strong expectations that its growth will accelerate in earnest starting from the third quarter [2]. However, this positive sentiment was tempered as analysts simultaneously lowered the company's target price [2]. While the stock recently turned upward over five consecutive trading days [1] and experienced intraday gains [4], the specific drivers behind these movements and the details of recent pharmaceutical disclosures [3] remain unconfirmed from the available headlines.

LIG Defense&Aerospace (079550) +0.14%

LIG Defense&Aerospace chart

P/EP/BEPSMkt CapROEDebt Ratio52W Range
60.5210.6511,516₩15.3T22.47%440.12%360,000–1,118,000

LIG Defense&Aerospace managed a slight gain of 0.14% despite experiencing high volatility. The company announced a large-scale contract, which typically serves as a strong positive catalyst [5]. However, despite this favorable news, the stock suffered a sharp intraday plunge of over 7% [5]. The exact underlying reasons and background for this sudden intraday drop despite the major contract win remain unconfirmed from the provided headlines.

Peptron, Inc. (087010) +10.94%

Peptron, Inc. chart

P/EP/BEPSMkt CapROEDebt Ratio52W Range
-14321.83-1,000₩3.3T-23.46%11.33%98,000–392,500

Peptron surged 10.94% on the KOSDAQ, driven by multiple factors. Foreign investors actively net-purchased Peptron shares [7], providing strong upward momentum. Additionally, the stock benefited from a broader positive market trend as both pharmaceutical indices rose in tandem [11]. Although the stock experienced a recent sharp surge [8] and after-hours gains [9], the precise reasons behind these rapid price spikes, as well as its historical recovery from limit-down thresholds [10] or bond repayment burdens [6], remain unconfirmed from the headlines.