South Korean shares off lows as Samsung Electronics jumps

SAMSUNG BIOLOGICS

30/07/2026 03:01

KOSPI rises, foreigners net buyers
Korean won strengthens against dollar
South Korea benchmark bond yield rises
SEOUL, July 30 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares rebounded on Thursday, after a two-day slump, led by Samsung Electronics after the chipmaker flagged strong AI demand. 
** The benchmark KOSPI .KS11 was up 267.03 points, or 4.72%, at 5,930.27 as of 0140 GMT, after falling 6% on Wednesday and 11% on Tuesday. The index is still below its close at the start of the week. 
** Samsung Electronics 005930.KS rose 6.47%, as it said AI chip demand would stay strong and supply would remain short this year, after posting a more than 250-fold rise in semiconductor profit in the second quarter. The shares had fallen 5% a day earlier.
** Peer SK Hynix 000660.KS gained 2.86%. 
** South Korea said on Wednesday it would introduce additional curbs on single-stock leveraged exchange-traded funds, including a cap that could limit an individual's investment in such products to 20% of their total investment assets.
** Battery maker LG Energy Solution 373220.KS climbed 7.99%, while Hyundai Motor 005380.KS and sister automaker Kia Corp 000270.KS were up 3.39% and up 2.57%, respectively.
** Steelmaker POSCO Holdings 005490.KS added 4.51%, while drugmaker Samsung BioLogics 207940.KS rose 3.11%.
** Of the total 914 traded issues, 791 shares advanced, while 111 declined.
** Foreigners were net buyers of shares worth 443.0 billion won ($307 million).
** The won was quoted at 1,443.0 per dollar on the onshore settlement platform KRW=KFTC, 0.24% higher than its previous close at 1,446.5.
** In money and debt markets, September futures on three-year treasury bonds KTBc1 gained 0.01 point to 103.10.
** The most liquid three-year Korean treasury bond yield KR3YT=RR rose by 1.3 basis points to 3.807%, while the benchmark 10-year yield KR10YT=RR rose by 1.9 basis points to 4.285%.

($1 = 1,442.8000 won)

 (Reporting by Jihoon Lee; Editing by Mrigank Dhaniwala)
 ((jihoon.lee@thomsonreuters.com;))