KOSPI edged higher but failed to reclaim the 6,300 level, Monday, while the Kosdaq surged more than 6 percent to close above 850. The benchmark KOSPI closed 0.65 percent higher at 6,299.66 after opening up 0.33 percent, snapping a two-session losing streak. Foreign investors sold a net 1.5 trillion won ($1.06 billion) of shares, while retail and institutional investors bought a net 899.8 billion won and 567.4 billion won, respectively. SK hynix fell 0.14 percent to 1,420,000 won, while Samsung Electronics declined 0.43 percent to 230,000 won. U.S. nonfarm payrolls fell by 23,000 in July, compared with market expectations for a gain of 100,000. The weak reading eased concerns about further interest rate increases and supported demand for riskier assets. Sentiment toward chipmakers remained fragile, however, following reports that Apple was considering using memory chips from China’s CXMT. Hopes for renewed U.S.-Iran talks also faded. U.S. President Donald Trump said he would be willing to end the war without a nuclear agreement with Iran if freedom of navigation through the Strait of Horm