KOSPI Settles Above 2240 on Individual and Foreign Buying... KOSDAQ Also Rises
[Asia Economy Reporter Oh Ju-yeon] Despite the continued spread of the novel coronavirus infection (COVID-19) exposing the domestic stock market to volatility, investors' buying momentum continues due to expectations of China's economic stimulus measures and the rise in the U.S. stock market.
As of 10:42 a.m. on the 14th, the KOSPI rose 0.37% from the previous trading day to 2,241.23. Individuals and foreigners led the index increase by net buying 89.7 billion KRW and 27.3 billion KRW worth of stocks, respectively. Institutions net sold 121.1 billion KRW worth.
Among the top market capitalization stocks, Samsung Electronics (0.99%), SK Hynix (0.98%), Samsung Biologics (0.19%), NAVER (0.27%), LG Chem (0.85%), Hyundai Motor (1.13%), Samsung SDI (0.45%), and Celltrion (1.12%) rose. Hyundai Mobis fell 0.42%.
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The KOSDAQ index also showed an upward trend. The KOSDAQ index recorded 691.92, up 0.59% from the previous trading day.
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