Business · Markets · 1 day ago
South Korea’s KOSPI rebounds above 6,100 as chip stocks rise
South Korea’s KOSPI climbed back above 6,100 in early trading on Oct.
14 after falling more than 5% the previous day.
Samsung Electronics and SK Hynix rose about 2% to 3% as investors bought shares after their sharp losses.
The two major chipmakers had fallen 7.39% and 10.09%, respectively, on Oct.
13.
The rebound came as investors judged that the recent declines may have been too steep, while comments from US Federal Reserve officials helped ease pressure on bond yields.
The gains were not shared across all markets: South Korea’s KOSDAQ index was lower in early trading.
Investors were also waiting for the release of US September inflation data, which could influence expectations for interest rates.
The early rise shows a pause in the sell-off, but the market’s direction after the inflation figures was not yet clear.
South Korea’s KOSPI rose 2.13% to 6,163.58 in early trading on October 14.
The index recovered above 6,100 after falling more than 5% the previous day.
The rebound was attributed to investors buying after judging the previous decline to be excessive.
Samsung Electronics and SK Hynix also rose in early trading.
- Who
- Investors in South Korea’s KOSPI market.
- What
- The KOSPI rose 2.13% to 6,163.58 in early trading.
- When
- October 14, 2026, at 9:12 a.m. local time.
- Where
- South Korea.
- Why
- Buying followed a fall of more than 5% the previous day, which investors viewed as excessive.
This story does not have two clearly opposing sides.
The KOSPI fell more than 5%, triggering a sell-sidecar for the first time in about two months.
The KOSPI was up 1.24% at 6,110.41, according to Hankyung.
The KOSPI was up 2.13% at 6,163.58, according to Chosun Ilbo.
- KOSPI rise
- 2.13%
- KOSPI level
- 6,163.58
- Trading time
- October 14, 2026, 9:12 a.m.
- Previous session decline
- More than 5%
- Samsung Electronics
- Up 2.59% to 238,000 won at 9:06 a.m.
- SK Hynix
- Up 2.29% to 1,476,000 won at 9:06 a.m.
3 sources
What people are saying
The domestic market is expected to rebound, helped by the narrowing of losses in US markets during the session amid dovish comments from Fed officials and the inflow of bargain-hunting after consecutive sharp declines over the past five trading days, despite anticipation of the US September CPI release and semiconductor-related concerns from China.