KOSPI Hits New Record High, Closes at 2440 Level... KOSDAQ Approaches 900 Level
On the 15th, when the KOSPI rose for four consecutive days to reach a new yearly high, dealers were working in the dealing room of Hana Bank in Euljiro, Jung-gu, Seoul. (Photo by Yonhap News)
View original image[Asia Economy Reporter Kum Bo-ryeong] On the 15th, the KOSPI index closed at the 2440 level, hitting a new all-time high due to net buying by foreigners.
On that day, the KOSPI closed at 2443.58, up 15.67 points (0.65%) from the previous trading day. This surpassed the previous all-time high of 2437.53 set on the 13th of last month, breaking the record after about a month.
The KOSPI opened at 2434.59, up 6.68 points (0.28%) from the previous trading day, showing fluctuations until 10:40 a.m., but then expanded its gains.
In the KOSPI market, foreigners were net buyers of 249.8 billion KRW, while individuals and institutions were net sellers of 76.6 billion KRW and 199.6 billion KRW, respectively.
By sector, textiles and apparel (1.08%), electrical and electronics (1.11%), and transportation and warehousing (1.3%) rose, while paper and wood (0.58%) and medical precision (0.49%) declined.
Among the top 10 companies by market capitalization, Hyundai Motor (0.56%) was the only one to fall. Samsung Electronics (0.99%), SK Hynix (2.38%), NAVER (2.97%), LG Chem (1.97%), Samsung Biologics (1.31%), Kakao (2.01%), and Samsung SDI (3.78%) all rose.
The KOSDAQ index closed at 899.49, up 5.29 points (0.59%), just shy of the 900 mark.
The KOSDAQ opened at 898.63, up 4.46 points (0.5%) from the previous trading day, remained flat until 10:20 a.m., and then maintained a strong upward trend.
In the KOSDAQ market, individuals were net buyers of 93.1 billion KRW, while foreigners and institutions were net sellers of 29.7 billion KRW and 44.9 billion KRW, respectively.
By sector, internet (2.53%), telecommunications equipment (0.81%), and manufacturing (0.81%) rose, while digital content (2.35%) and food and tobacco (0.55%) declined.
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Among the top market cap companies, Celltrion Healthcare (0.5%), Seegene (1.28%), Alteogen (5.06%), HLB (1.19%), and Genexine (2.58%) rose, while Kakao Games (8.54%) and Celltrion Pharm (0.17%) fell.
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