KOSPI Recovers Above 3000 Early in Trading on Strong US Stock Market

[Asia Economy Reporter Minji Lee] The KOSPI recovered above the 3000 mark, rising due to individual investors' buying momentum. This is analyzed to be influenced by the U.S. stock market's rise amid expectations of monetary easing policies and additional stimulus measures.

As of 9:10 a.m. on the 25th, the KOSPI stood at 3042.61, up 1.59% (47.63 points) compared to the previous trading day. The index opened the session at 3026.47, up 1.05% (31.49 points) from the previous day.

Looking at investor trends, individuals and foreigners bought stocks worth 176.2 billion KRW and 9.5 billion KRW respectively. Institutions alone sold stocks worth 184.3 billion KRW.

Most of the top market capitalization stocks maintained an upward trend. Samsung Electronics rose 1.46% from the previous session to 83,200 KRW. SK Hynix (4.41%), NAVER (2.01%), LG Chem (1.28%), and Hyundai Motor (1.28%) also showed gains.

At the same time, the KOSDAQ index stood at 921.64, up 1.69% (15.33 points) from the previous trading day. The index opened at 910.15, up 0.42% (3.84 points) from the previous day.

Regarding investor trends, only individuals bought stocks worth 60 billion KRW, while foreigners and institutions sold stocks worth 28 billion KRW and 28.4 billion KRW respectively.

All top market capitalization stocks showed an upward trend. Celltrion Healthcare (2.72%), Celltrion Pharm (2.32%), Kakao Games (1.86%), Pearl Abyss (2.69%), and Alteogen (3.75%) all rose.

Seosangyoung, a researcher at Kiwoom Securities, said, "Although the deleveraging issue in China negatively affected the overall Asian market yesterday, causing a wider decline, considering the Federal Reserve's continued stimulus policy stance and expectations for additional stimulus measures by the U.S. Congress, the domestic stock market is expected to show an upward trend."

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