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KOSPI Rises on Auto, Shipbuilding Gains

Written: 2025-07-17 17:15:47Updated: 2025-07-17 18:11:08

KOSPI Rises on Auto, Shipbuilding Gains

Photo : YONHAP News

The benchmark Korea Composite Stock Price Index(KOSPI) rose Thursday as gains in auto and shipbuilding stocks offset lingering investor concerns over U.S. tariff policies.

The KOSPI gained five-point-91 points, or zero-point-19 percent, Thursday to close at three-thousand-192-point-29.

Investor sentiment was weighed down by Trump’s looming tariffs and profit-taking in SK hynix, which fell sharply after a downgrade from Goldman Sachs, while the Supreme Court upheld the acquittal of Samsung’s chairman, clearing him of financial crimes related to a 2015 merger between Samsung affiliates.
 
Samsung Electronics jumped three-point-09 percent, while SK hynix plummeted eight-point-95 percent, Hyundai Motor rose one-point-two percent, shipbuilder Hanwha Ocean rose three-point-46 percent and battery maker LG Energy Solution gained one-point-93 percent.

The tech-heavy KOSDAQ rose six-point-04 points, or zero-point-74 percent, to close at 818-point-27.

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