KOSPI Settles at 2240 Level for the First Time in 9 Months Due to Individual Buying Pressure
On the 14th, the KOSPI index opened at 2243.06, up 13.80 points (0.62%) from the previous trading day, amid expectations for the signing of the first trade agreement between the US and China. Dealers are working in the dealing room of KEB Hana Bank in Jung-gu, Seoul. In the Seoul foreign exchange market, the won-dollar exchange rate started at 1153.7 won, down 2.3 won from the previous trading day. Photo by Jinhyung Kang aymsdream@
View original image[Asia Economy Reporter Park Jihwan] The KOSPI index rose back above the 2240 level for the first time in 9 months, supported by buying momentum from individual investors.
On the 16th, the KOSPI closed at 2248.05, up 0.77% from the previous trading day. It was the first time in 9 months since April 17 last year (2245.89) that the KOSPI ended the day above the 2240 level.
In the securities market, individuals net bought stocks worth 223.1 billion KRW, while foreigners and institutions sold stocks worth 37.9 billion KRW and 198.5 billion KRW, respectively.
Among the top market capitalization stocks, Samsung Electronics (2.88%), SK Hynix (1.02%), Samsung Biologics (0.46%), and Hyundai Motor (3.04%) rose. LG Household & Health Care (-1.20%) and POSCO (-0.21%) declined.
On this day in the KOSPI market, 374 stocks rose, including one stock that hit the upper price limit, while 437 stocks fell with no stocks hitting the lower price limit. 97 stocks remained unchanged.
The KOSDAQ index closed at 686.52, up 1.08% from the previous trading day. Supported by simultaneous buying from foreigners and institutions, it closed higher for the second consecutive day. Individuals net sold stocks worth 21.8 billion KRW, while foreigners and institutions net bought stocks worth 1.7 billion KRW and 21.4 billion KRW, respectively.
Among the top market capitalization stocks, Celltrion Healthcare surged 5.96%. On the other hand, HLB (-3.88%), CJ ENM (-1.07%), and Pearl Abyss (-2.51%) declined.
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On this day in the KOSDAQ market, 713 stocks rose, including one stock that hit the upper price limit, while 509 stocks fell with no stocks hitting the lower price limit. 123 stocks remained unchanged.
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