KOSPI Surges Over 8% on Wednesday as Foreign Investors Buy $16.1B in Stocks

According to Jin10, South Korea's KOSPI index surged over 8% on Wednesday, with the Seoul stock market returning above the 7,000-point level as risk appetite recovered and foreign investors accelerated buying. As of 2:30 p.m. local time, foreign investors had a net inflow of 2.4 trillion Korean won (approximately $16.1 billion), more than double the net inflow of 1 trillion won recorded on Tuesday.

Institutional investors recorded net inflows of 180 billion won, showing a slower pace compared to the previous day. Retail investors were the only net sellers, offloading stocks worth approximately 2.5 trillion won.