KOSPI, Fluctuating Market Around the '2180 Level'

As the KOSPI started with an increase of over 1%, breaking the 2,200 mark intraday for the first time in three and a half months since the end of February, employees are working in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul on the 8th. Photo by Hyunmin Kim kimhyun81@

[Asia Economy Reporter Park Jihwan] The KOSPI is repeatedly fluctuating back and forth. On the 8th, the KOSPI started with a rise of over 1%, breaking through the 2200 mark intraday for the first time in three and a half months, then continued to alternate between declines and rises.

As of 10:40 a.m. that day, the KOSPI was recorded at 2180.50. The KOSPI opened at 2215.60, up 1.55% (33.73 points) from the previous session. At one point during the session, it surpassed the 2200 mark. This is the first time the index has opened above 2200 since February 20 (opening price 2223.55), just before the full-scale spread of COVID-19 centered in the Daegu and Gyeongbuk regions.

At this time , in the Korea Stock Exchange, individual investors are leading the index with net purchases of 252.4 billion KRW. On the other hand, foreigners and institutions are net sellers with 146.9 billion KRW and 83.4 billion KRW, respectively. This is interpreted as individuals making large-scale purchases supported by strong U.S. employment data.

At the same time, the KOSDAQ index is at 749.05, down 0.03% (0.26 points) from the previous session. The index opened at 754.12, up 0.64% (4.81 points) from the previous session.

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