KOSPI Fluctuates Around 1500, Rebounds 4% Intraday... Is Currency Swap Taking Effect?

[Asia Economy Reporter Oh Ju-yeon] On the 20th, the KOSPI fluctuated around the 1500 level. Although it is difficult to recover the 8% plunge from the previous day, it is evaluated that investors' anxiety has somewhat calmed down due to the impact of the Korea-US currency swap.

As of 10:32 a.m. on the day, the KOSPI recorded 1503.83, up 46.22 points (3.17%) from the previous trading day. This is a rebound following the previous day's 133.56-point (8.39%) drop, which was the largest decline ever recorded at the closing price (p).

The majority of the top market capitalization stocks rose.

Samsung Electronics (2.68%), SK Hynix (3.04%), Samsung Biologics (4.92%), and Celltrion (3.21%) increased, and especially large secondary battery stocks showed a strong rebound of up to 10%. LG Chem rose 7.61%, and Samsung SDI rose 10.11% compared to the previous trading day.

The KOSDAQ index also rose 17.27 points (4.03%) from the previous trading day to 445.62. The previous day, the KOSDAQ index plunged 56.79 points (11.71%), marking the largest decline rate (%) in the history of the KOSDAQ market.

Among the top market capitalization stocks, most stocks such as Celltrion Healthcare (2.45%), HL Biopharma (1.98%), Pearl Abyss (4.53%), and Studio Dragon (3.47%) rose.

Meanwhile, individuals continued net buying in the KOSPI market for the 12th consecutive trading day. At this time, individuals and institutions net bought 34.8 billion KRW and 3.7 billion KRW respectively, while foreigners net sold 52.3 billion KRW.

In the KOSDAQ market, individuals net sold 51.4 billion KRW, while foreigners and institutions bought 43.1 billion KRW and 19.8 billion KRW respectively.

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