KOSPI Starts Rising, Attempts to Reclaim 2700 Level

The KOSPI index is attempting to recover to the 2700 level amid positive momentum from the U.S.

As of 11:13 a.m. on the 20th, the KOSPI index stood at 2697.06, up 22.70 points (0.85%) from the previous trading day. The index opened at 2699.74, down 25.38 points (0.95%) from the previous close. After breaking above the 2700 mark during the session for the first time in 10 trading days since the 'Black Monday' earlier this month, it fell back below 2700.

In the KOSPI market, foreigners and institutions are buying stocks worth 55.8 billion KRW and 21.7 billion KRW respectively, while individuals are net sellers with 71.5 billion KRW.

Samsung Electronics and SK Hynix are leading the index, rising 1.79% and 3.40% respectively. This is interpreted as a follow-through of the overnight gains in tech stocks on the New York Stock Exchange. Hyundai Motor (1.18%) and Kia (0.39%) are also up, with KB Financial and Shinhan Financial Group rising more than 1%. On the other hand, Samsung Biologics (-2.26%) and LG Energy Solution (-0.15%) are declining.

At the same time, the KOSDAQ index is up 7.78 points (1.00%) from the previous trading day, standing at 785.27.

Individuals and institutions are net sellers of 7.1 billion KRW and 12.7 billion KRW respectively, while foreigners are net buyers with 32.7 billion KRW.

Alteogen is showing strength, rising more than 3%, while HLB (0.44%), Enchem (0.24%), Rigakem Bio (0.53%), and Classys (1.53%) are also on the rise. EcoPro BM (-0.6%), EcoPro (-0.12%), Hugel (-0.35%), and Samchundang Pharm (-3.09%) are declining.

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