KOSPI opens above 7,000 after 4.61% rally as chip stocks gain

Sep 8, 2026 00:02 (47d ago)

KOSPI opened 0.72% higher at 7,045.79 and reached 7,049.90 by 9:15 a.m. on Sept. 8.
Retail investors bought 57.4 billion won, while foreign investors sold 60.3 billion won after the prior session’s 4.61% rally.
Chip stocks gained on artificial-intelligence demand optimism, while the Nikkei 225 opened 0.84% lower at 65,843.69.

The KOSPI traded above 7,000 on Sept. 8 for the first time in 15 sessions, opening at 7,045.79, up 50.40 points, or 0.72%, according to the Korea Exchange, and reaching 7,049.90, up 0.78%, by 9:15 a.m. The move followed a 4.61% surge in the previous session, when semiconductor stocks rallied on expectations for stronger artificial-intelligence computing and high-performance memory demand after OpenAI released its Astra model. Retail investors were net buyers of 57.4 billion won, while foreign and institutional investors sold 60.3 billion won and 4.2 billion won, respectively. Samsung Electronics and SK hynix opened higher, while Japan’s Nikkei 225 opened 0.84% lower at 65,843.69 as markets also monitored higher oil prices and Middle East tensions.