South Korea’s KOSPI rebounded from an intraday low on Oct. 2 to close above 7,000 for the first time in five trading sessions, as institutional buying accelerated late in the session and offset net selling by individuals and foreign investors. The index gained 32.39 points, or 0.46%, to 7,003.74 after falling as low as 6,927.88. Institutions bought a net 381.4 billion won, while individuals sold 1.7206 trillion won and foreign investors sold 136.7 billion won in the KOSPI market. Samsung Electronics ended unchanged and SK hynix rose 0.44%, while refinery shares surged on higher oil prices. The KOSDAQ briefly topped 900 before ending 0.11% lower at 893.29, and the won strengthened 7.8 won to 1,350.6 per dollar.