Domestic Stock Market Rises Together... KOSPI Recovers to 3000, KOSDAQ to 900

[Image source=Yonhap News]

[Asia Economy Reporter Ji-hwan Park] Despite the extreme volatility on the domestic stock market's 'Four Witching Days' (Quadruple Witching Day), the market rose together due to the passage of additional US stimulus measures and stable interest rates.

As of 11:08 a.m. on the 11th, the KOSPI recorded 3,019.20, up 61.08 points (2.06%) from the previous trading day. The index started at 2,964.30, up 6.18 points (0.21%) from the previous session, continued its upward trend, and successfully broke through the 3,000 mark around 10:21 a.m.

Among investors, foreign buyers stood out. Foreigners net purchased 396.3 billion KRW worth of stocks. Institutions also showed a net buying advantage of 195.9 billion KRW. On the other hand, individuals net sold 592.5 billion KRW.

All of the top 10 market capitalization stocks rose. In particular, Samsung SDI showed a strong gain of over 7%. LG Chem rose over 5%, and SK Hynix and Samsung Biologics also increased by over 3%.

The KOSDAQ also recovered above the 900 mark with net buying by individuals and foreigners. The market rose 1.42% (12.61 points) from the previous day to 902.68, surpassing the 900 level.

By supply and demand, individuals and foreigners net purchased 19.3 billion KRW and 45.1 billion KRW respectively. Institutions net sold 55.4 billion KRW.

Among the top market capitalization stocks, most showed an upward trend. EcoPro BM rose the most, up 3.47%. Celltrion Healthcare (2.19%) and Celltrion Pharm (1.80%) also increased. On the other hand, Alteogen (-2.07%) and Seegene (-3.38%) were the only decliners.

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