Investor Sentiment Recovers Amid US Bull Market... Domestic Stock Market Starts Higher

On the 7th, when the KOSPI index showed weakness in the early session, dealers were working in the dealing room of Hana Bank in Euljiro, Seoul. Photo by Mun Ho-nam munonam@

[Asia Economy Reporter Ji Yeon-jin] The domestic stock market started higher on the 9th. It is interpreted that risk asset investment sentiment recovered as corporate values rose one after another, supported by strong corporate earnings in the US overnight.

The KOSPI index opened at 2772.63, up 26.16 points (0.95%) from the previous day. As of 9:15 a.m. that day, the index was up 0.88% at 2770.73, showing signs of a slowdown in the upward trend. Foreign investors and institutions led the index with net purchases worth 41.9 billion KRW and 42.2 billion KRW, respectively. Individual investors made net sales worth 85.7 billion KRW.

The KOSDAQ index opened at 904.07, up 8.80 points (0.98%), and the gain expanded to 1.00%. Individual investors are net buyers of 80.5 billion KRW, while foreign investors and institutions are net sellers of 65.1 billion KRW and 16.0 billion KRW, respectively.

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