#kospitops7000atopen KOSPI IS ALMOST BACK IN A BULL MARKET AFTER JULY’S HISTORIC CRASH.
South Korea’s KOSPI jumped over +3.5% today to a three-week high as AI and semiconductor stocks rallied.
The index has now recovered nearly +30% from its late-July low below 5,300.
Samsung gained +40%, while SK Hynix rose more than +30% from their July lows.
Before the crash, the KOSPI had tripled to +300% in since April 2025, reaching an all-time high of 9,100 in June.
KOSPI then crashed over -40% as margin calls and 2x leveraged ETFs wiped more than $2 trillion from Korean markets.
Assets in Korean leveraged ETFs have since fallen from $53 billion to around $25 billion, leaving the market less crowded.
Foreign investors are now returning. Global funds bought $2 billion of KOSPI shares on Wednesday, while retail investors sold.
Steady US inflation and strong US tech earnings revived confidence in AI demand.
Also reports that Singapore’s Temasek may invest in Samsung and SK Hynix added to the momentum.
Korea also plans to fast-track approvals for semiconductor and AI megaprojects.
But the biggest risk remains: Samsung and SK Hynix still represent over 55% of the KOSPI, leaving the entire market dependent on global AI spending.$MITO $WDC $MUU
South Korea’s KOSPI jumped over +3.5% today to a three-week high as AI and semiconductor stocks rallied.
The index has now recovered nearly +30% from its late-July low below 5,300.
Samsung gained +40%, while SK Hynix rose more than +30% from their July lows.
Before the crash, the KOSPI had tripled to +300% in since April 2025, reaching an all-time high of 9,100 in June.
KOSPI then crashed over -40% as margin calls and 2x leveraged ETFs wiped more than $2 trillion from Korean markets.
Assets in Korean leveraged ETFs have since fallen from $53 billion to around $25 billion, leaving the market less crowded.
Foreign investors are now returning. Global funds bought $2 billion of KOSPI shares on Wednesday, while retail investors sold.
Steady US inflation and strong US tech earnings revived confidence in AI demand.
Also reports that Singapore’s Temasek may invest in Samsung and SK Hynix added to the momentum.
Korea also plans to fast-track approvals for semiconductor and AI megaprojects.
But the biggest risk remains: Samsung and SK Hynix still represent over 55% of the KOSPI, leaving the entire market dependent on global AI spending.$MITO $WDC $MUU