Russia's Invasion of Ukraine Amid Nasdaq Surge... KOSPI Also Rises Over 1%

[Image source=Yonhap News]

[Asia Economy Reporter Minji Lee] As Western countries' sanctions appeared to be more lenient than expected, causing the Nasdaq index to surge, the domestic stock market is also showing a significant upward trend.

At 9:10 a.m. on the 25th, the KOSPI stood at 2,677.97, up 1.10% (29.17 points) compared to the previous trading day. The KOSPI opened at 2,678.47, up 1.12% (29.67 points) from the previous day, and maintained its upward momentum. Looking at investment trends, individual investors bought stocks worth 144.2 billion KRW alone, while foreigners and institutions sold stocks worth 62.9 billion KRW and 81.6 billion KRW, respectively.

Among the top market capitalization stocks, Samsung Electronics traded at 72,100 KRW, up 0.84% from the previous day. LG Energy Solution (2.4%), SK Hynix (1.63%), Samsung Biologics (0.38%), NAVER (1.65%), Kakao (2.33%), and LG Chem (1.82%) also rose.

At the same time, the KOSDAQ index stood at 867.90, up 2.34% (19.69 points) from the previous trading day. The KOSDAQ opened at 864.72, up 1.95% (16.15 points) from the previous day, and maintained its upward trend. Regarding investment trends, foreigners and institutions bought stocks worth 7.7 billion KRW and 4.3 billion KRW, respectively, while individual investors sold stocks worth 10.8 billion KRW alone.

Among the top market capitalization stocks, Celltrion Healthcare traded at 61,300 KRW, up 1.66% from the previous day. Most stocks, including EcoPro BM (2.98%), L&F (3.72%), Pearl Abyss (2.56%), Kakao Games (4.64%), WeMade (3.44%), and HLB (3.81%), rose.

Han Ji-young, a researcher at Kiwoom Securities, explained, “The domestic stock market is expected to rebound, supported by the surge in the U.S. stock market amid expectations that the possibility of additional invasion and full-scale intervention by Western countries is low. The overall market sentiment will be positive, showing a favorable market flow centered on growth stocks domestically, but there will be differentiation among individual stocks.”

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