KOSPI Rebounds to 7,291.91, Up 45.12 Points in Four Days as Chip Stocks Lead Recovery

According to MoneyToday, South Korea's KOSPI index rebounded on July 9, gaining 45.12 points to close at 7,291.91 after a four-day decline. The recovery was led by semiconductor stocks, with SK Hynix and SK Square rising 5.3% and 4.49% respectively, ahead of SK Hynix's U.S. listing on July 10.

Individual investors net sold 1.33 trillion won, while foreign and institutional investors purchased 146.1 billion won and 1.29 trillion won respectively. Foreign investors maintained consecutive buying pressure. Market volatility persisted amid concerns over Middle East tensions and slowing artificial intelligence investment.

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