KOSPI Hits Record Intraday High... Approaching the '2800 Level'

[Image source=Yonhap News]

[Asia Economy Reporter Park Jihwan] The KOSPI continued its upward trend in the afternoon, approaching the breakthrough of the 2800 mark.

As of 1:35 PM on the 24th, the KOSPI stood at 2793.55, up 33.73 points (1.22%) from the previous day. During the session, the index rose to 2795.43 points, setting a new all-time high.

By investor type, foreigners and institutions purchased 95.7 billion KRW and 250.1 billion KRW respectively. In contrast, individuals sold a net 341.8 billion KRW.

Among the top market capitalization stocks, Samsung Electronics surged 2,600 KRW (3.52%) to 76,500 KRW compared to the previous day. SK Hynix and LG Chem also led the index, rising 0.86% and 1.74% respectively. On the other hand, Celltrion (-1.83%) and NAVER (-0.53%) declined.

The KOSDAQ index also rose. At the same time, KOSDAQ traded at 929.71, up 6.54 points (0.71%). Foreigners and institutions led the market with net purchases of 227.5 billion KRW and 170.5 billion KRW respectively. Individuals sold a net 369.1 billion KRW.

Among the top market capitalization stocks, Celltrion Pharm (1.15%) and Seegene (2.73%) rose. The top market cap stock, Celltrion Healthcare, fell 1.23%.

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