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[Asia Economy Reporter Park Jihwan] On the afternoon of the 22nd, the domestic stock market succeeded in turning to an upward trend.
On that day, the stock market started lower due to deteriorating investor sentiment caused by the collapse of the oil market, but it turned to an upward trend thanks to the late-session rise of the top market capitalization stocks.
According to the Korea Exchange as of 3:20 PM, the KOSPI index recorded 1897.44, up 0.96% from the previous day. In the KOSPI market, individual investors are net buying 308.1 billion KRW. Institutions and foreigners are net selling 65.3 billion KRW and 268.6 billion KRW, respectively.
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The KOSDAQ index also rose 1.02% to 635.20. The KOSDAQ index started at 618.95, down 9.82 points (1.56%) from the previous trading day, and moved around the 620 level due to simultaneous selling by institutions and foreigners in the early session, but soon succeeded in turning upward.
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