[Edaily Reporter Kim Kyung-eun] The domestic stock market rebounded sharply, overcoming the fear of “Black Monday.” The KOSPI rose more than 7% to reclaim the 8,000-point level. Early in the session, a temporary suspension of program buying orders (side-car) was triggered simultaneously on both the KOSPI and KOSDAQ.

According to MP Doctor on the 9th, as of 1:29 p.m. that day, the KOSPI index was trading at 8,010.40, up 525.99 points (7.03%) from the previous trading day.

The index opened at 7,697.76, up 213.35 points (2.85%) from the previous trading day, and immediately jumped to the 7,800 level. After fluctuating, it regained the 8,000 mark, which had collapsed the previous day.

This is interpreted as a result of the New York stock market rebounding, led by tech stocks, following the suspension of further attacks by Israel and Iran. The stabilization of the won-dollar exchange rate is also seen as having stimulated investor sentiment.

Han Ji-young, an analyst at Kiwoom Securities, said, “Today, the domestic stock market is expected to recover from yesterday’s sharp decline, led by oversold leading stocks such as semiconductors, thanks to the rebound in U.S. semiconductor stocks, the KOSPI 200 overnight futures rising by around 5.5%, and the stabilization of the won-dollar exchange rate following government intervention.”

However, foreign investors have continued their selling streak for the 22nd consecutive trading day. On this day, foreign investors recorded a net sell of 970.2 billion won. Retail and institutional investors recorded net buys of 152 billion won and 739.8 billion won, respectively.

The top two stocks by market capitalization are both on the rise. #Samsung Electronics is trading at 317,000 won, up 21,500 won (7.28%) from the previous trading day. #SK Hynix is trading at 2,141,000 won, up 230,000 won (12.04%) from the previous close.

Among other top-market-cap stocks, #SK Square (10.47%), #Samsung Electro-Mechanics (14.96%), #Hyundai Motor (0.78%), and #LG Energy Solution (1.67%) are also on the rise. On the other hand, #HD Hyundai Heavy Industries (-1.13%), #Hyundai Mobis (-3.27%), and #NAVER (-8.42%) are down.

By sector, medical and precision instruments, electrical and electronics, manufacturing, textiles and apparel, and machinery and equipment are performing strongly. Conversely, IT services and electricity and gas are weak.

At the same time, the KOSDAQ is trading at 973.28, up 61.89 points (6.79%) from the previous close. The index opened at 937.69, up 26.30 points (2.89%) from the previous close, and continues to rise.

By investor type, foreign and institutional investors recorded net purchases of 175.3 billion won and 252.3 billion won, respectively. In contrast, retail investors recorded net sales of 427.6 billion won.

#Altogen is trading at 328,500 won, up 39,000 won (13.47%) from the previous close, reclaiming the top spot in KOSDAQ market capitalization. EcoPro BM is trading at 168,400 won, up 8,700 won (5.45%) from the previous close.

Among other top-market-cap stocks, #Ecopro (4.28%), #Rainbow Robotics (2.79%), #Juseong Engineering (5.45%), #Kolon TissueGene (13.89%), and #Rino Industrial (16.92%) are showing strength. Conversely, #Pado (-4.22%) and #L&C Bio (-2.88%) are trading lower.

Due to the sharp rebound in the stock market, buy-side circuit breakers were triggered successively in the KOSPI and KOSDAQ markets early in the session.

According to the Korea Exchange, a buy-side circuit breaker was triggered in the KOSPI market at approximately 9:12:52 a.m. At that time, the KOSPI 200 futures index stood at 1,239.05, up 5.16% from the previous trading day.

The KOSPI buy-side circuit breaker is triggered when the KOSPI 200 futures price remains up more than 5% from the previous day’s close for one minute. When the circuit breaker is triggered, the effectiveness of program buy orders is suspended for five minutes.

Subsequently, at approximately 9:28:14 a.m., a buy-side circuit breaker was triggered in the KOSDAQ market due to fluctuations in the KOSDAQ 150 futures price and the spot index. At that time, the KOSDAQ 150 futures price stood at 1,676.30, up 104.10 points (6.62%) from the previous day’s closing price. The KOSDAQ 150 spot index rose 90.36 points (5.69%) to 1,676.69.

The KOSDAQ circuit breaker is triggered when the KOSDAQ 150 futures price rises by more than 6% from the reference price and the KOSDAQ 150 index rises by more than 3% from the previous trading day’s closing level, and both conditions persist simultaneously for one minute.