KOSPI Recovers to 1930 Level... KOSDAQ Rises Alongside

[Asia Economy Reporter Oh Ju-yeon] Following the rebound in the US stock market the previous day, the domestic stock market also opened higher on the 15th. However, the gains were somewhat muted, reflecting a mixed market sentiment with expectations for the resumption of economic activities and concerns over the resurgence of COVID-19.

On this day, the KOSPI opened at 1937.63, up 0.66% from the previous trading day. Since then, rather than expanding its gains, it has been fluctuating slightly around the 1930 level.

Among the top market capitalization stocks, Samsung Electronics (0.10%) and SK Hynix (0.87%) rose, while Celltrion (0.92%) and LG Chem (1.02%) also increased.

Seo Sang-young, a researcher at Kiwoom Securities, said before the market opened, "After news broke that Apple acquired a virtual reality (VR) company, related stocks as well as the semiconductor sector (Philadelphia Semiconductor Index up 2.81%) showed strength in the US market. Considering this, the Korean stock market is expected to focus more on positive factors amid a situation where good and bad news coexist."

The KOSDAQ index opened at 695.80, up 0.76%.

Among the top market capitalization stocks, Celltrion Healthcare (1.59%) and HL Biopharma (0.10%) rose, and Seegene, which hit the daily limit the previous day, also rose 4.89% from the previous day to trade at 135,100 won.

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