KOSPI Breaks Yearly High... Surges Up to 2459
On the 9th, dealers are working in the dealing room of Hana Bank in Euljiro, Seoul. On this day, the KOSPI index started at 2,438.63, up 22.13 points (0.92%) from the previous trading day, and continued its strong performance. The won-dollar exchange rate opened at 1,120.0 won, down 0.4 won. Photo by Moon Honam munonam@
View original image[Asia Economy Reporter Geum Bo-ryeong] On the 9th, the KOSPI index surpassed its highest point of the year, supported by net buying from foreigners and institutions.
As of 10:30 AM that day, the KOSPI recorded 2458.52, up 1.74% (42.02 points) compared to the previous session.
The KOSPI started the session at 2438.63, up 0.92% (22.13 points) from the previous trading day, gradually increasing its gains. During the session, it soared to 2459.15, setting a new 52-week high.
In the KOSPI market, foreigners and institutions showed strong net buying. Foreigners net bought 211.4 billion KRW, and institutions net bought 306.2 billion KRW, while individuals net sold 502.7 billion KRW.
At the same time, the KOSDAQ index also rose 1.5% (12.54 points) from the previous session to 849.32. The KOSDAQ opened at 845.81, up 1.08% (9.03 points) from the previous trading day, maintaining its strength.
In the KOSDAQ market, foreigners and institutions net bought 65.1 billion KRW and 12.5 billion KRW respectively. Conversely, individuals net sold 67.9 billion KRW.
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According to Daishin Securities, as of 10:40 AM that day, a total of 33 stocks, including Samsung Electronics Preferred and Lotte Chemical, hit new 52-week highs.
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