KOSPI Surges Past 7,000 Level as Tech and Renewable Energy Shares Rally

The Korean market experienced a powerful rally at midday, with the benchmark KOSPI surging 5.01% to 7,086.33 and the tech-heavy KOSDAQ rising 2.85% to 774.79. The USD/KRW exchange rate hovered at 1,478.63 amid broad-based buying interest that bolstered major sectors.

SK eternix (475150) +19.50%

SK eternix chart

P/EP/BEPSMkt CapROEDebt Ratio52W Range
73.528.26910₩2.3T9.60%419.70%17,210–69,800

SK eternix jumped 19.50% at midday, driven by a surge in international oil prices that significantly boosted investor sentiment for the renewable energy sector [1][5][6]. Market optimism was further fueled by expectations surrounding KKR's business reorganization and a newly proposed target price of up to KRW 66,000 [2]. Strong concurrent net buying from both foreign and institutional investors also provided substantial upward momentum [3]. On July 22, the stock had previously touched KRW 68,200 during intraday trading [4].

LGELECTRONICS (066570) +9.30%

LGELECTRONICS chart

P/EP/BEPSMkt CapROEDebt Ratio52W Range
35.611.435,321₩30.9T4.11%133.33%72,000–438,000

LG Electronics climbed 9.30%, fueled by growing investor optimism regarding its potential cooperation with Nvidia and future artificial intelligence (AI) achievements [7][8]. While some reports pointed to a 'hidden growth engine' driving the stock, specific details remain unconfirmed [9]. This rebound follows recent downward pressure on July 20 and 21, when the stock suffered from expanding sell-offs by foreign and institutional investors, which had temporarily weakened market sentiment [10][11][12].

DaewonCable (006340) +12.16%

DaewonCable chart

P/EP/BEPSMkt CapROEDebt Ratio52W Range
116.558.62113₩1.0T9.86%120.57%2,765–20,300

Daewon Cable rose 12.16% as cable manufacturers continue to benefit from surging power demand driven by artificial intelligence (AI) infrastructure expansion [18]. The stock's gains were supported by a broader upward trend across the entire cable sector [14]. Analysts have recently recommended the stock as a promising pick, advising investors to accumulate shares during price dips [16][17]. This follows volatile trading earlier in the week, including a 7.52% drop on July 20 [15] and a 7.77% intraday rise on July 21 [13].

Sources

  1. SK이터닉스 주가 장중 10%대 상승, 국제유가 상승에 신재생에너지주 부각 — 비즈니스포스트 · 2026-07-20
  2. SK이터닉스, 목표주가 최대 6.6만원…KKR 사업재편 기대감도 — 중기이코노미 · 2026-07-20
  3. [장중수급포착] SK이터닉스, 외국인/기관 동시 순매수… 주가 +9.23% — 뉴스핌 · 2026-07-20
  4. SK이터닉스 주가, 7월 22일 장중 68,200원 22.00% 상승 — 톱스타뉴스 · 2026-07-22
  5. [특징주] 국제유가 급등에 신재생에너지 업종 투심 개선…SK이터닉스, 9%대 상승 — 아주경제 · 2026-07-20
  6. 국제유가 급등에 볕든 신재생株…SK이터닉스 장중 9% 강세 [이런국장 저런주식] — 서울경제 · 2026-07-20
  7. 기대감에 올랐던 LG전자 주가…“AI 성과가 좌우” — 이코노미스트 · 2026-07-20
  8. [특징주] LG전자 등 LG그룹주, 엔디비아 협력 기대감 '강세' — 글로벌이코노믹 · 2026-07-22
  9. LG전자 주가, 급등세... 알고 보니 숨은 성장동력은 ‘이것’ — 금강일보 · 2026-07-22
  10. LG전자 주가 하락 중 — 아시아뉴스통신 · 2026-07-21
  11. LG전자, 장중 4%대 하락…외국인·기관 매도세 확대 영향 : 기업주식정보 — 재경일보 · 2026-07-20
  12. LG전자, 6%대 급락…17만 원선 붕괴 위기 속 투자심리 위축 — 잡포스트 · 2026-07-20
  13. 대원전선 주가, 7월 21일 장중 11,790원 7.77% 상승 — 톱스타뉴스 · 2026-07-21
  14. 특징주, 대원전선-전선 테마 상승세에 7.04% ↑ — 매일경제 · 2026-07-21
  15. 대원전선 주가, 7월 20일 장중 11,310원 7.52% 하락 — 톱스타뉴스 · 2026-07-20
  16. 대원전선(006340)저점을 줄때마다 물량 모아둘 기회로 보이며 이후 전망 및 대응전략. — ThinkPool · 2026-07-21
  17. [적중! 대박 예감] '대원전선, 에스피지' 내일장 예감 좋은 대박 종목은? - 머니투데이 — 머니투데이 · 2026-07-21
  18. AI 전력 수요가 키운 전선주…대원전선 가온전선 신바람 — 핀포인트뉴스 · 2026-07-21

This is market commentary, not investment advice.