Unstoppable Uptrend, KOSPI Surpasses 2450 Level... KOSDAQ Also Rises Over 1%
[Asia Economy Reporter Oh Ju-yeon] The bull market continues day after day. Contrary to the caution advised due to foreign investors' futures trading trends on the options expiration day on the 13th, the domestic stock market once again broke through its previous high and maintained a strong upward trend. The KOSPI has risen to the 2450 level, and the KOSDAQ index also rose over 1%, surpassing the 860 mark during the session.
As of 10:48 AM on the day, the KOSPI recorded 2447.75, up 0.60% from the previous trading day. During the session, it rose to 2458.17, breaking the year's highest point. Some securities firms' revised previous high of 2500 is also within reach.
Among the top market capitalization stocks, all rose except Samsung Biologics (-1.30%). Samsung Electronics (0.17%), SK Hynix (0.37%), LG Chem (2.29%), and NAVER (0.16%) all increased. In particular, Celltrion and Samsung C&T showed strong gains with increases of 5.79% and 6.28%, respectively.
By investor type, individuals bought stocks worth 20.7 billion KRW and institutions bought 60.1 billion KRW in the KOSPI market, while foreigners sold a net 86.7 billion KRW.
The KOSDAQ index, which rose to 863.80 during the session on the 10th, again approached the 860 level. At this time, the KOSDAQ index recorded 859.22, up 1.61% from the previous trading day. The intraday high was 859.78, a 1.69% increase.
Among the top market capitalization stocks, Celltrion Healthcare (8.85%), HL Biopharma (29.10%), Celltrion Pharm (6.74%), and EcoPro BM (1.58%) rose. Seegene fell 4.07% due to weakness in diagnostic kit stocks.
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In the KOSDAQ market, individuals sold stocks worth 137.4 billion KRW, while foreigners and institutions bought net amounts of 128.7 billion KRW and 25.4 billion KRW, respectively.
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