KOSPI Recovers to 2680 Level Intraday... KOSDAQ Also Rises
The KOSPI showed a rise of over 1% on the 8th, recovering the 2680 level during the session.
On the 8th, the stock market opened with the KOSPI rising more than 30 points from the start. In the dealing room of Hana Bank in Myeongdong, Seoul, employees are working while the electronic board displays the KOSPI market status. Photo by Heo Younghan younghan@
View original imageAs of 9:55 a.m. that day, the KOSPI stood at 2683.00, up 35.38 points (1.34%) from the previous day.
The index opened at 2676.79, up 29.17 points (1.10%), and is rising supported by buying from foreigners and institutions.
In the KOSPI market, foreigners net bought stocks worth 31.8 billion KRW, institutions net bought 507.4 billion KRW, while individuals net sold 536.4 billion KRW.
Earlier, on the previous day (local time), the New York stock market closed higher with all three major indices?the Dow Jones Industrial Average (0.34%), the Standard & Poor's (S&P) 500 Index (1.03%), and the Nasdaq Index (1.51%)?posting gains.
The S&P 500 reached a closing record high, and the Nasdaq hit an intraday record high.
Among the top market capitalization stocks, SK Hynix showed strength, rising 5.098%, and Samsung Biologics also increased by 4.65%. Samsung Electronics (0.83%), POSCO Holdings (2.14%), LG Energy Solution (1.25%), and LG Chem (1.81%) also rose.
At the same time, the KOSDAQ index stood at 869.20, up 5.83 points (0.68%) from the previous day.
The index started the session at 869.15, up 5.78 points (0.67%), and is attempting to recover the 870 level.
In the KOSDAQ market, foreigners net bought stocks worth 80.5 billion KRW, institutions net bought 29.6 billion KRW, while individuals net sold 101.5 billion KRW.
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Among the top market capitalization stocks, Sinseong Delta Tech (3.64%), Rino Industrial (4.39%), and Celltrion Pharm (1.16%) showed strength, while EcoPro BM (-0.60%) and EcoPro (-1.00%) declined.
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