[KRX deadline | October 28] KOSPI recovers to 6000 level... Net purchase by Foreign Investors and institutions of KRW 1.7835 trillion

KOSPI rises 6.63% due to surges in SK Hynix and Samsung Electronics... Electrical and electronics strong KOSDAQ also rose 3.69%... Robotics, semiconductor equipment, and performance are strong together with good performance

On the 28th, the domestic stock market, KOSPI and KOSDAQ both soared. As investment sentiment improved due to the strong U.S. stock market and easing concerns about artificial intelligence (AI) investment, buying momentum centered on large-cap semiconductor stocks as major companies reported good performance and plans to expand shareholder returns. Thanks to net purchases by Foreign Investors and institutions, KOSPI recovered to the 6,000 level.

According to the Korea Exchange, KOSPI closed trading at 6012.44, up 374.10 points (6.63%) from the previous trading day. KOSDAQ closed at 771.28, up 27.45 points (3.69%). The won-dollar exchange rate ended weekly trading at 1337.7 won, up 14.0 won from the previous trading day.

KOSPI started higher the previous day due to the strong US stock market and improving investment sentiment related to AI. The increase expanded due to the influx of foreign and institutional buying power, especially in the electrical and electronics industries, due to expectations of improved performance of major domestic companies and increased shareholder returns.

By industry, electricity and electronics rose 9.0%, insurance rose 6.4%, securities rose 5.5%, and medical and precision equipment rose 5.3%. Large-cap stocks rose 7.1%, mid-cap stocks rose 1.8%, and small-cap stocks rose 0.7%, with the rise centered on large-cap stocks standing out.

In terms of supply and demand, Foreign Investors and institutions made net purchases of 823.3 billion won and 960.2 billion won, respectively, while individuals net sold 1.8017 trillion won. Foreign Investors net purchased 779.5 billion won in electrical and electronics, 81.5 billion won in general services, and 59.2 billion won in chemicals.

KOSDAQ rose for two consecutive trading days due to institutional buying, mainly in the machinery and equipment and electrical and electronic industries. By industry, machinery and equipment rose 6.6%, electricity and electronics rose 4.6%, and chemicals rose 4.4%. Institutions net bought 224.8 billion won, while Foreign Investors and individuals net sold 183.5 billion won and 31.6 billion won, respectively.

Large semiconductor stocks soar... Robot stocks gain strength on news of Nvidia's visit to Korea

SK Hynix (000660) soared 10.89% on record-high performance in the third quarter and the announcement of a large-scale shareholder return plan. Samsung Electronics (005930) also rose 9.01% due to easing concerns about AI investment and expectations of improvement in the semiconductor industry.

Robot-related stocks also showed strength. Rainbow Robotics (277810) rose 15.08%, and Robotis (108490) rose 9.76%. Expectations for expanded cooperation with domestic robotics companies were reflected in the news that Senior Director Madison Hwang, the eldest daughter of NVIDIA CEO Jensen Hwang, will attend the 'NVIDIA AI Day' held in Seoul next month.

P&S Robotics (460940) rose 29.95% to the upper limit due to expectations for growth due to the expansion of supply to large rehabilitation institutions in Mexico and the expansion of the upper limb rehabilitation robot business.

Individual stocks are strong due to tender offers, overseas orders, and performance improvement

Gabia (079940) rose 25.94% and KINX (093320) rose 29.96% on the news that the terms of the tender offer were agreed with Macquarie.

Stocks related to overseas orders also showed strength. Bitgwa Electronics (069540) surged 29.88% on the news that it had received an order for the initial mass production of 25Gbps optical transceivers from a U.S. optical communications company. Techwing (089030) rose 7.19% on the announcement that it had signed a contract to supply semiconductor inspection equipment worth about 9.5 billion won with Micron India. HVM (295310) rose 9.47% on the announcement that it had signed a super alloy supply contract worth about 23.3 billion won with an overseas aerospace metal company.

Stocks with improved performance also rose. AhnLab (053800) soared 19.63% on the news that its third quarter consolidated operating profit recorded 10.9 billion won, a 38.7% increase compared to the same period last year.

HD Hyundai Marine Engine (071970) recorded operating profit of KRW 60.3 billion in the third quarter, up 14.49% on good performance, up 197.2% from the same period last year.

Hanmi Pharmaceuticals (128940) rose 5.42% on the news that it had decided to cancel 85,316 shares of treasury stock worth about 28.3 billion won.

On the other hand, LG Innotek (011070)'s operating profit in the third quarter fell 1.74%, reaching only KRW 94.8 billion, a 53.4% ​​decrease compared to the same period last year.

GC Cell (144510) plunged 19.15% on the news that its U.S. affiliate, Ativa Biotherapeutics, had halted clinical development of 'AlloNK', a natural killer (NK) cell treatment.