KOSPI Surges Past 6,800 Mark Led by Tech Giants at Midday

The Korean stock market experienced a strong rally by midday, with the benchmark KOSPI jumping 4.84% to 6,831.65 and the tech-heavy KOSDAQ rising 1.10% to 757.85. The USD/KRW exchange rate stood at 1,486.95, reflecting a highly active trading session dominated by major technology shares.

SK hynix (000660) +6.35%

SK hynix chart

P/EP/BEPSMkt CapROEDebt Ratio52W Range
31.9110.9558,955₩1,340.6T61.16%35.56%245,000–2,987,000

SK hynix shares surged 6.35% by midday. The stock's positive momentum follows an 8% jump in its US ADR on July 17, 2026, driven by SK Group Chairman Chey Tae-won's optimistic "upward trend" remarks [1]. Strong demand also came from domestic retail investors, with the ADR ranking second in net purchases [2]. While market focus is locked on contrasting target prices ahead of the upcoming earnings release [3], the precise trigger for today's rebound remains unconfirmed from the available headlines [4].

SamsungElectronics (005930) +7.68%

SamsungElectronics chart

P/EP/BEPSMkt CapROEDebt Ratio52W Range
40.074.116,564₩1,537.6T19.16%30.15%64,900–374,500

Samsung Electronics jumped 7.68% despite opening lower on July 20, 2026, amid semiconductor sector anxieties [5][6]. Although the company posted robust earnings, concerns over an "AI bubble" have recently weighed on the stock [7]. While the market previously experienced tension due to these semiconductor cold wave fears [5], the stock successfully rebounded [6]. However, the specific core driver behind today's sharp 7.68% midday surge is unconfirmed based on the provided headlines.

SKSQUARE (402340) +6.12%

SKSQUARE chart

P/EP/BEPSMkt CapROEDebt Ratio52W Range
18.875.9866,468₩165.5T55.09%7.50%130,900–2,189,000

SK Square climbed 6.12% at midday, showing a reversal from its recent performance. Prior reports on July 18, 2026, indicated that the stock had dropped sharply over five consecutive trading days, with its brief rebound momentum fading [10]. While investment analysis was published on July 19, 2026 [11], the specific catalyst behind today's 6.12% gains or the exact drivers of its recent price fluctuations remain unconfirmed from the provided headlines.