KOSPI Starts with Over 1% Gain... KOSDAQ Also Shows Strong Rise Together

The KOSPI rebounded from the previous day's sharp decline, starting with a rise of over 1%. On the 9th, dealers were working in the dealing room of KEB Hana Bank in Jung-gu, Seoul. On that day, the KOSPI index opened at 2182.20, up 30.89 points (1.44%) from the previous trading day. The won-dollar exchange rate opened at 1162.0 won, down 8.8 won. Photo by Kim Hyun-min kimhyun81@

[Asia Economy Reporter Ji-hwan Park] The domestic stock market, which had been weak due to the conflict between the United States and Iran, rebounded by over 1%.

As of 9:21 a.m. on the 9th, the KOSPI recorded 2,179.35, up 1.30% from the previous trading day. By investor type, individuals and foreigners net bought 85.4 billion KRW and 20 billion KRW respectively, while institutions net sold 103.4 billion KRW.

By sector, food and beverages (0.84%), chemicals (1.18%), pharmaceuticals (2.48%), and non-metallic minerals (1.69%) rose, while medical precision equipment (-1.64%) declined.

Among the top 10 by market capitalization, Samsung Electronics (1.58%), SK Hynix (0.92%), NAVER (0.82%), Samsung Biologics (2.45%), Hyundai Motor (0.89%), and Hyundai Mobis (1.02%) increased. In contrast, LG Household & Health Care fell (-0.59%).

The global financial market anxiety caused by the military clash between the U.S. and Iran is calming down after one day. Shim Hye-jin, a researcher at Samsung Securities, explained, "Additional terrorist acts by Iran may occur, but it has been confirmed that neither the U.S. nor Iran wants a full-scale war," adding, "The impact on the market will be limited, and the effect on international oil prices is also expected to be small unless a real supply disruption occurs."

At the same time, the KOSDAQ also rose 16.98 points (2.65%) from the previous day to 657.92. In the KOSDAQ market, foreigners and institutions net sold 14.8 billion KRW and 10.6 billion KRW respectively, while individuals net bought 24.8 billion KRW.

By sector, entertainment and culture (3.33%), telecommunications broadcasting services (2.14%), and telecommunications equipment (3.15%) rose.

Among the top market capitalization stocks in the KOSDAQ market, Celltrion Healthcare (3.03%), HL Biopharma (5.09%), CJ ENM (1.32%), and Studio Dragon (3.88%) rose. In contrast, Pearl Abyss fell (-0.71%).

This content was produced with the assistance of AI translation services.