South Korea's KOSPI Rebounds 0.62% on July 9 as Individual Investors Dump 2.27 Trillion Won

According to iNews24, South Korea's KOSPI index rebounded on July 9 for the first time in four trading days, rising 0.62% to 7,291.91. Institutional investors drove the rally, net-buying 1.89 trillion Korean won worth of shares, while foreign investors added 416.6 billion won. However, retail investors net-sold 2.27 trillion won, including positions in Samsung Electronics and SK Hynix. Separately, SK Hynix's American Depositary Receipt (ADR) is set to list on Nasdaq on July 10, which market analysts expect will improve global investor access and trigger a revaluation of the stock's valuation.
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