KOSPI Closes Above 2800 for the First Time in History

[Image source=Yonhap News]

[Asia Economy Reporter Ji-hwan Park] The KOSPI closed above the '2800 mark' for the first time in history. Expectations for the KOSPI 3000 era are gradually becoming a reality.

On the 24th, the KOSPI closed at 2806.86, up 1.70% from the previous trading day. It set a new closing record of 2778.68 just three days ago.

On that day, the index opened at 2762.60, up 2.78 points (0.10%) from the previous day, showing an upward trend from the early session. In the afternoon, the gains expanded, surpassing the 2800 mark.

By investor type, foreigners and institutions bought 117 billion KRW and 631.9 billion KRW respectively. On the other hand, individuals sold a net 751 billion KRW.

Among the top market capitalization stocks, Samsung Electronics, ranked first in market cap, showed a notable rise. Samsung Electronics surged 3,900 KRW (5.28%) from the previous day to 77,800 KRW, leading the index's rise. SK Hynix and LG Chem also rose 1.72% and 1.49% respectively, lifting the index. Conversely, Samsung Biologics (-0.25%), Celltrion (-2.11%), and NAVER (-0.70%) declined.

The KOSDAQ closed at 928.68, up 0.60% from the previous day. The index opened at 924.34, up 0.13% from the previous trading day, and maintained an upward trend.

On that day, foreigners and institutions led the index by net buying 303.1 billion KRW and 302.4 billion KRW respectively. Individuals sold a net 574.4 billion KRW.

Among the top market capitalization stocks, all rose except for Celltrion Healthcare (-1.29%) and HL Biopharma (-0.78%).

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