KOSPI Defense and Shipbuilding Stocks 2026 Rally Pushes Index to Record 4,565
On Jan. 9, 2026, the KOSPI hit a record high of 4,565.88, driven by strong gains in defense and shipbuilding stocks like Hanwha Aerospace and HD Hyundai Heavy Industries.
4,565.88 points. The KOSPI is rewriting history once again. Despite an early dip caused by profit-taking, the market staged a late-morning comeback fueled by a surge in defense and shipbuilding sectors.
KOSPI Defense Shipbuilding Stocks 2026 Performance
According to Yonhap, Seoul's benchmark index rose 13.51 points (0.3%) to 4,565.88 as of 11:20 a.m. on Jan. 9. This follows yesterday's all-time high of 4,552.37. The intraday momentum even touched 4,610.93, signaling robust investor confidence in specific heavy industries.
Defense giant Hanwha Aerospace skyrocketed 7.61%, while Korea Aerospace Industries (KAI) jumped 4.41%. In the shipbuilding sector, HD Hyundai Heavy Industries advanced 2.92%. These gains offset weakness in the tech sector, where market bellwether Samsung Electronics fell 0.07% and SK hynix dropped 1.46%.
Market Dynamics and Currency Fluctuations
Retail and institutional investors were the main buyers, scooping up 641.69 billion won and 541.3 billion won worth of shares, respectively. In contrast, foreign investors offloaded a massive 1.28 trillion won. The Korean won weakened slightly, trading at 1,454.80 won against the dollar, down 4.2 won from the previous session.
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