Rebound

• Asian stock markets rallied on Wednesday, with South Korea’s Kospi surging over 5% to a high of 7,164 and Japan's Nikkei 225 gaining 1.95% to reach 67,524.22. • The surge was driven by a rebound in semiconductor stocks, led by industry giants Samsung, SK Hynix, and Kioxia. • This recovery follows a period of volatility and a significant selloff in artificial intelligence-related stocks.

• The KOSPI index rebounded following a global technology selloff that previously impacted AI-linked chipmakers. • The recovery comes after investors questioned the sustainability of high valuations, despite strong earnings reports from Taiwan Semiconductor Manufacturing Co. • Morgan Stanley analysts suggest the recent correction was deep but did not reach bear market levels, indicating the KOSPI may be nearing its bottom.

• The KOSPI rebounded for the first time in three days, recovering to the 6,700-point level following a period of strong adjustment caused by leverage liquidation. • This recovery was driven by an influx of low-priced buy orders and strong performance in the semiconductor sector, which also boosted markets in Taiwan and Japan. • The Nikkei 225 index rose 3.26% to 66,232.19, led by a significant 17.18% rebound from Kioxia after the stock had plunged over 16% the previous day.

• Major stock indexes rebounded on Tuesday, ending a three-session losing streak driven primarily by strong performance in chip stocks. • WTI oil prices rose significantly during the session, reaching their highest trading levels in more than five weeks. • The market shift indicates a recovery in investor confidence following a period of volatility and consecutive declines.

• Major US stock indexes, including the Dow Jones, NASDAQ, and S&P 500, traded higher on Tuesday, July 21, 2026. • The rebound follows a multi-day losing streak, with the market recovering after three consecutive sessions of losses. • Growth was primarily driven by a strong revival in semiconductor and technology shares, which helped offset ongoing geopolitical tensions.

• Foreign investors have sold a record 160 trillion won (approximately $108.1 billion) of South Korean stocks year-to-date, marking the heaviest sell-off on record. • Despite this trend, analysts forecast a Kospi rebound for late July, though several risks persist, including a stronger U.S. dollar and weakening AI and semiconductor investment sentiment. • Economic concerns include peaking export growth and a projected slowdown in South Korea's GDP growth rate, which is expected to drop from 2.7% in 2026 to 2.1% in 2027.

• The KOSPI index rebounded by over 2%, marking its first gain in three days as investors engaged in bargain hunting following a sharp short-term decline. • This recovery occurred despite overnight losses in the New York stock market, which were triggered by escalating geopolitical tensions between the United States and Iran. • The rebound is primarily attributed to a shift in sentiment among foreign investors who viewed the recent price drops as an opportunity to buy undervalued assets.