KOSPI closes at 5,375.36 as technology stocks drive 2.60% rebound
Published on 11/11/2026 at 13:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKOSPI closes higher on tech rebound
- The KOSPI closed at 5,375.36 points on November 11, gaining 136.23 points or 2.60 percent.
- Technology and defense stocks led the advance, while foreign investors bought a net 655.26 billion won.
- Higher-than-expected US inflation kept concerns about tighter Federal Reserve policy in focus despite the strong rebound.
The KOSPI ended its November 11 session sharply higher, recovering from an early decline as technology stocks attracted renewed buying. The benchmark Korea Composite Stock Price Index closed at 5,375.36 points, up 136.23 points or 2.60 percent from the previous session. The session was already closed in Seoul when the European midday reporting window began.
According to Yonhap News Agency, the index rose as high as 5,377.99 after opening 0.56 percent lower. The previous session had ended at 5,239.13 points, according to Financial News. The latest gain therefore represented a second consecutive positive session after the market's three-session losing streak.
Semiconductors lead the rebound
Large technology companies provided the main support. Samsung Electronics rose 3.57 percent to 206,000 won, while SK hynix gained 5.36 percent. Defense shares also outperformed: Korea Aerospace Industries advanced 7.71 percent and LIG Defense & Aerospace climbed 9.73 percent. Hyundai Motor, by contrast, declined 0.91 percent, while Hanjin KAL fell 14.64 percent.
Market breadth was positive, with 573 advancing stocks against 295 decliners. Trading volume was 219 million shares worth 16.3 trillion won. Foreign investors were net buyers of 655.26 billion won, while institutions sold a net 481.67 billion won and individuals sold a net 715.69 billion won. The figures point to foreign buying as an important source of support for the large-cap rebound.
Inflation remains a market risk
The advance came despite weaker overnight US equity markets and renewed concern about monetary policy. Yonhap reported that US consumer prices increased 0.3 percent in October from the previous month, exceeding market expectations and raising fears that the Federal Reserve could pursue a more aggressive tightening stance. The KOSPI nevertheless benefited from bargain hunting in artificial-intelligence-related shares and lower oil prices linked to expectations of reduced military tensions involving Iran.
The Korean won also strengthened, trading at 1,333.6 won per US dollar at 3:30 p.m. local time, compared with 1,337.5 won at the previous stock-session close. For investors, the strong index gain improves short-term sentiment, but the combination of elevated technology valuations and interest-rate uncertainty remains a key test for whether the rebound can continue.
Further KOSPI coverage is available on the KOSPI topic page.
