The KOSDAQ index ended at 919.92 on July 7, up 26.63 points (2.98%), surpassing the 900 level for the first time since July 1. The market is focusing on price rises driven by semiconductor small‑cap companies. According to research fellow Kang Jin‑hyuk of Shinhan Securities, “KOSDAQ has broken through 900 ahead of KOSPI,” noting the strong growth momentum and expanding investment opportunities of major firms.
The top ten constituents by market value rose across all sectors yesterday. Representative examples include Jae‑sung Engineering (17.51%), Simtek (4.67%) and Lino Industry (3.08%); other semiconductor small‑cap names also saw gains, as did HLB (17.18%) and Altogen (0.19%). Eco Probiem (11.41%) and EcoPro (7.31%) – both in the second‑tier sector – posted increases, while Rainbow Robotics recorded a 3.67% rise.
KOSDAQ’s upward trend is evident from its 16.41% gain over the past month, whereas KOSPI has risen only 5.50%. In particular, KOSDAQ was up 42.67% versus July 30 (644.78) on a closing‑price basis. Semiconductor small‑cap firms appear poised to sustain strong growth momentum; research fellow Kim Rok‑ho of Hanwha Securities stated that “small‑cap firms overall present ample investment opportunities” and expects continued high growth until 2028.
According to the financial investment industry, Samsung Electronics and SK Hynix’s share‑price consensus rose 34% and 51%, respectively, compared with the beginning of the year. The same trend is seen in last year’s consensus as well. Consequently, the market is watching closely for next quarter’s results. CEO Kim Jae‑gun of Shinhan Asset Management’s ETF consulting team noted that “the increase in small‑cap firms’ sales leads to revenue growth and improved profitability; this is a key point to evaluate mid‑term growth.”