KOSPI Hits Intraday High Again on Institutional Buying... Surpasses 3030 Level
![[Image source=Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2021010710534714362_1609984426.jpg)
[Asia Economy Reporter Park Jihwan] On the 7th, the KOSPI index once again reached an intraday record high, driven by institutional investors' buying momentum.
As of 10:50 AM that day, the KOSPI index stood at 3,030.28, up 62.07 points (2.09%) from the previous trading day.
The index opened at 2,990.08, up 12.54 points (0.74%) from the previous trading day. Early in the session, it rose to 3,028.68, surpassing the previous intraday high of 3,027.16. It then continued to widen its gains, successfully breaking through the 3,030 level.
On that day, institutions were net buyers of 560.3 billion KRW, lifting the index. In contrast, individuals were net sellers of 567.3 billion KRW, and foreigners were net sellers of 16.2 billion KRW.
Hot Picks Today
Taking Annual Leave and Adding "Strike" to Profiles, "It Feels Like Samsung Has Collapsed"... Unsettled Internal Atmosphere
- There Is a Distinct Age When Physical Abilities Decline Rapidly... From What Age Do Strength and Endurance Drop?
- [Tomorrow's Weather] Clear Skies Nationwide... Daytime Highs Up to 33°C
- "After Vowing to Become No. 1 Globally, Sudden Policy Brake Puts Companies’ Massive Investments at Risk"
- On Teacher's Day, a Student's Gifted Cake Had to Be Cut into 32 Pieces... Why?
At the same time, the KOSDAQ rose 7.07 points (0.72%) to 988.46.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
