KOSPI and KOSDAQ Surge in Midday Trading Led by Green Energy and Tech Gains

South Korean equities are experiencing a strong rally today, with the benchmark KOSPI surging 3.55% to 7,038.93 and the tech-heavy KOSDAQ rising 3.43% to 776.87. The Korean Won is trading at 1,480.02 against the US Dollar amidst broad market optimism.

SK eternix (475150) +27.10%

SK eternix chart

P/EP/BEPSMkt CapROEDebt Ratio52W Range
86.489.72910₩2.7T9.60%419.70%17,210–79,000

SK eternix surged 27.10% in midday trading. The rally is driven by rising international oil prices that boosted renewable energy stocks, coupled with the company's participation in offshore wind power [1], [5]. Market sentiment was further lifted by expectations surrounding KKR's business restructuring and a target price projection of up to 66,000 KRW [3]. Strong institutional net buying for nine consecutive days [4], alongside simultaneous foreign and institutional buying, heavily supported the stock [6]. However, the specific "two reasons" behind the surge mentioned in a July 23 article remain unconfirmed from the headline alone [2].

NAVER (035420) +9.45%

NAVER chart

P/EP/BEPSMkt CapROEDebt Ratio52W Range
17.411.1712,376₩33.8T6.49%45.21%181,100–304,000

NAVER climbed 9.45% amid strong buying pressure. The primary confirmed driver for the rise is simultaneous net buying by both foreign and institutional investors [8]. The stock experienced notable intraday gains, rising 2.96% on July 21 [9] and 6.65% on July 23 [7]. Aside from the strong investor inflows, specific business or market-related catalysts driving these gains remain unconfirmed due to limited information in the available headlines [7], [9].

DaewonCable (006340) +8.72%

DaewonCable chart

P/EP/BEPSMkt CapROEDebt Ratio52W Range
116.818.64113₩1.0T9.86%120.57%2,765–20,300

DaewonCable gained 8.72%, riding on a broader upward trend within the cable sector [12], [14]. The stock saw intraday gains of 7.77% on July 21 [13] and 6.93% on July 22 [10]. This momentum was supported by the simultaneous strength of its preferred shares, which even triggered a volatility interruption [11]. However, the specific underlying reasons explaining why cable stocks are showing such strong market performance remain unconfirmed from the provided headlines [14].

Sources

  1. SK이터닉스 주가 장중 10%대 상승, 국제유가 상승에 신재생에너지주 부각 — 비즈니스포스트 · 2026-07-20
  2. [특징주]SK이터닉스 왜 이렇게 오르나…주가 급등 이끈 ‘두 가지 이유’ — 남도일보 · 2026-07-23
  3. SK이터닉스, 목표주가 최대 6.6만원…KKR 사업재편 기대감도 — 중기이코노미 · 2026-07-20
  4. [장중수급포착] SK이터닉스, 기관 9일 연속 순매수행진... 주가 +19.32% — 뉴스핌 · 2026-07-22
  5. [특징주] SK이터닉스, 유가 급등에 해상풍력 참여 '겹호재'···신고가 경신 — 서울파이낸스 · 2026-07-23
  6. [장중수급포착] SK이터닉스, 외국인/기관 동시 순매수… 주가 +9.23% — 뉴스핌 · 2026-07-20
  7. NAVER 주가, 7월 23일 장중 210,000원 6.65% 상승 — 톱스타뉴스 · 2026-07-23
  8. [장중수급포착] NAVER, 외국인/기관 동시 순매수… 주가 +8.43% — 뉴스핌 · 2026-07-23
  9. NAVER 주가, 7월 21일 장중 191,400원 2.96% 상승 — 톱스타뉴스 · 2026-07-21
  10. 대원전선 주가, 7월 22일 장중 12,660원 6.93% 상승 — 톱스타뉴스 · 2026-07-22
  11. 대원전선·대원전선우 주가 동반 강세…우선주는 VI 발동되기도 — CBC뉴스 · 2026-07-22
  12. 특징주, 대원전선-전선 테마 상승세에 7.04% ↑ — 매일경제 · 2026-07-21
  13. 대원전선 주가, 7월 21일 장중 11,790원 7.77% 상승 — 톱스타뉴스 · 2026-07-21
  14. 대원전선·LS에코에너지 등 전선株 강세 보이는 이유 — gukjenews.com · 2026-07-23
  15. 대원전선(006340)저점을 줄때마다 물량 모아둘 기회로 보이며 이후 전망 및 대응전략. — ThinkPool · 2026-07-22

This is market commentary, not investment advice.