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Korean Stock Market Weekly Recap (July 12–18, 2025): KOSPI's gains capped despite foreign dip-buying, KOSDAQ extends rally for 3rd week on strong retail buying. Foreigners bought electronics, autos, and pharma; institutions rotated into auto parts, metals, pharma, and financials. Key issues: Trump tariff remarks, US CPI, Korean gov't high-tech investment plans, and rising KRW/USD rate.
1. Market Recap
KOSPI rose +10.65p (+0.34%) to close at 3,188.07 (July 19). Foreign buying in large-cap semis briefly pushed the index above 3,200, but global uncertainty and institutional profit-taking capped gains late in the week.
KOSDAQ climbed +20.20p (+2.52%) to 820.67, marking a 3rd straight weekly gain as retail investors bought growth and IT names, even as foreigners turned net sellers.
KOSDAQ climbed +20.20p (+2.52%) to 820.67, marking a 3rd straight weekly gain as retail investors bought growth and IT names, even as foreigners turned net sellers.
Fund Flows
Foreigners
- KOSPI: +KRW 862.3 bn net buy
- KOSDAQ: –KRW 167.8 bn net sell
Institutions
- KOSPI: –KRW 588.2 bn net sell
- KOSDAQ: –KRW 94.3 bn net sell
Active Sectors
- Foreigners: Electronics, Auto Parts, Pharma (heavy buying in semis, autos, and bio large caps)
- Institutions: Auto Parts, Metals, Pharma, Financials, Logistics (rotation into earnings/cyclical sectors)
2. Major Issues (July 12–18)
1) Trump floats new Asia tariffs—raises trade uncertainty (July 15)
- On July 15, Trump suggested new tariffs on imports from China, Korea, and Japan, reviving external risk and short-term volatility in Asia/export stocks.
2) US June CPI/PPI keeps rate-cut hopes alive (July 11–12)
- June US CPI (July 11) and PPI (July 12) both came in below expectations, keeping hopes for a September Fed cut intact—a positive for global equities.
3) KRW/USD jumps back to 1,380—FX volatility amid US/China policy risk
- Concerns over delayed Fed cuts, Trump's tariff talk, China slowdown, and a weaker yuan drove the won back above 1,380, prompting some foreign outflows.
4) Korean gov't announces new high-tech sector investment plans (July 16)
- On July 16, the government unveiled expanded tax breaks and R&D budgets for semiconductors, EVs, and AI, boosting related sectors.
5) Q2 earnings season kicks off—focus on blue chips
- Major large caps (Samsung Electronics, LG Chem, etc.) began releasing Q2 results, fueling volatility as investors react to sector/stock-level surprises.
3. Top 5 Net Bought Stocks by Investor (July 12–18)
| Rank | KOSPI | KOSDAQ | ||
|---|---|---|---|---|
| Foreign | Institution | Foreign | Institution | |
| 1 | Samsung Electronics (KRX:005930) | Hanwha Aerospace (KRX:012450) | Peptone (KOSDAQ:087010) | ABL Bio (KOSDAQ:298380) |
| 2 | Hanwha Aerospace (KRX:012450) | Samsung Heavy Industries (KRX:010140) | EO Technics (KOSDAQ:039030) | EcoPro BM (KOSDAQ:247540) |
| 3 | Hyundai Rotem (KRX:064350) | Samsung SDS (KRX:018260) | PharmaResearch (KOSDAQ:214450) | ST Pharm (KOSDAQ:237690) |
| 4 | Kakao (KRX:035720) | Yuhan (KRX:000100) | EcoPro BM (KOSDAQ:247540) | S&D (KOSDAQ:259630) |
| 5 | Isu Petasys (KRX:007660) | Korean Air (KRX:003490) | Hugel (KOSDAQ:145020) | D&D Pharmatech (KOSDAQ:376300) |
4. Top Net Bought Sectors by Investor (KRW 100mn)
4.1 Foreign Investors
| Rank | Sector | Net Buy | Highlight |
|---|---|---|---|
| 1 | Electronics | +11,468 | Dip buying in semiconductors/displays; AI & IT infra optimism |
| 2 | Auto Parts | +2,873 | EV/auto parts earnings momentum, global volume recovery |
| 3 | Pharma | +1,254 | Ongoing demand for global pharma/bio, new drug/export expectations |
| - | Chemicals | +433 | Refining margin, green chemicals, value in upstream recovery |
| Outflow | Financials | -4,992 | Rate cut delays, heavy profit-taking in major financials |
| Outflow | Metals | -1,168 | Raw materials volatility; profit-taking in materials stocks |
Foreign investors concentrated net buying in electronics, auto parts, and pharma, reflecting strong expectations for semiconductors, autos, and biotech growth. On the other hand, financials, metals, and IT services saw heavy profit-taking or net selling, highlighting increased volatility in growth and materials sectors.
4.2 Institutional Investors
| Rank | Sector | Net Buy | Highlight |
|---|---|---|---|
| 1 | Auto Parts | +2,477 | Auto/parts export recovery, EV momentum |
| 2 | Metals | +956 | Battery/materials bottoming, commodity rebound hopes |
| 3 | Pharma | +951 | Bio earnings momentum, new drug pipeline |
| - | Financials | +844 | Banks/securities stability, selective value buying |
| - | Logistics | +636 | Logistics recovery, institutional dip buying |
| Outflow | Electronics | -7,692 | Semiconductor headwinds; heavy profit-taking |
| Outflow | IT Services | -2,164 | Weak demand and profit-taking in growth stocks |
Institutional investors focused net buying on autos, metals, pharma, financials, and logistics, increasing exposure to cyclical and earnings-driven sectors. Meanwhile, they extended net selling in electronics (semiconductors), IT services, and construction, underlining a clear rotation away from growth sectors and highlighting polarized sector flows this week.
5. Stock Market Fund Flows
| Item | Amount | WoW Change |
|---|---|---|
| Customer deposits | KRW 66.6T | +1.1% |
| Margin loans | KRW 21.6T | +2.7% |
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