KOSPI Soars Like a Pillar of Fire, Jumps 2% to 2190 in One Go...

[Asia Economy Reporter Oh Ju-yeon] The domestic stock market surged in June amid expectations of economic recovery.

According to the Korea Exchange on the 4th, the KOSPI opened at 2181.64, up 1.61% from the previous trading day. Shortly after the market opened, the KOSPI rose to 2190.07, quickly approaching the 2200 mark. This rise was driven not only by individual investors but also by foreign buyers pushing the index higher.

At this time, individuals and foreigners purchased stocks worth 38.6 billion KRW and 22.3 billion KRW respectively in the KOSPI market, while institutions sold stocks worth 58.8 billion KRW.

Among the top market capitalization stocks, semiconductors surged. Samsung Electronics and SK Hynix rose 4.40% and 3.27%, respectively. This is attributed to the Philadelphia Semiconductor Index's 2.87% gain in the US market the previous day, driven by the microchip effect.

Samsung Biologics (0.16%), NAVER (3.10%), Celltrion (0.88%), and LG Chem (0.87%) also rose, and Hyundai Motor increased by 2.76%, surpassing the 110,000 KRW mark.

On the same day, the KOSDAQ index also rose 0.88% from the previous trading day to 744.09. Although the increase was somewhat smaller than the KOSPI, it continued its upward trend after opening at 742.87.

Among the top market capitalization stocks, Celltrion Healthcare (0.98%) and Celltrion Pharm (4.39%) rose, and Alteogen surged 18.36% compared to the previous day. However, Seegene (-3.23%) and Pearl Abyss (-2.00%) declined.

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