KOSPI Starts Slightly Higher... Fluctuates Around 2240 Level

On the 24th, the KOSPI opened at 2248.26, up 35.14 points (1.59%) from the previous trading day, at the Hana Bank dealing room in Jung-gu, Seoul. The won-dollar exchange rate started at 1430.0 won, down 9.8 won from the previous trading day. Photo by Hyunmin Kim kimhyun81@

[Asia Economy Reporter Junho Hwang] The KOSPI, which started higher, is trading around the 2240 level as it slightly expands its gains in the early session.

On the 26th, the KOSPI opened at 2240.70, up 5.63 points (0.25%) from the previous trading day. As of 9:06 a.m., it recorded a rise of 7.93 points (0.35%) to 2243.00, expanding its gains. Individuals and foreigners are net buyers of 38.5 billion KRW and 23.3 billion KRW respectively, while institutions are net sellers of 62.9 billion KRW.

The KOSDAQ opened at 690.67, up 1.82 points (0.26%) from the previous trading day. It is currently at 689.69, up 0.84 points (0.12%) from the previous day. Individuals are net buyers of 38.9 billion KRW, while foreigners and institutions are net sellers of 27.9 billion KRW and 10.3 billion KRW respectively.

In the Seoul foreign exchange market today, the won-dollar exchange rate opened at 1428.50 won, down 4.60 won from the previous closing price, and is currently trading at 1429.10 won.

Sangyoung Seo, a researcher at Mirae Asset Securities, said, "The rise in the US stock market, driven by stability in the UK and the resulting dollar weakness, interest rate declines, and the possibility of inflation easing due to falling housing prices, will have a favorable impact on the Korean stock market," adding, "The Korean stock market is expected to start higher and show strength centered on large-cap stocks."

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