KOSPI Rises 2.21% to Settle Above 6,200... KOSDAQ Also Up

The KOSPI climbed for the third consecutive day on optimism over ceasefire negotiations, settling above the 6,200 mark.

On the 16th, the status board in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul displayed the KOSPI and KOSDAQ indices. That day, the KOSPI closed at 6,226.05, up 134.66 points (2.21%), and the KOSDAQ index closed at 1,162.97, up 10.54 points (0.91%). Yonhap News Agency

On April 16, the KOSPI closed at 6,226.05, up 134.66 points (2.21%) from the previous session. Individual investors were net sellers of 1.8006 trillion won. Foreign investors and institutions were net buyers of 457.7 billion won and 1.1032 trillion won, respectively.

By sector, paper & wood (4.35%), IT services (3.72%), entertainment & culture (3.60%), transportation equipment & parts (3.23%), and machinery & equipment (3.05%) posted gains.

Among the top market capitalization stocks, Samsung Electronics rose by 3.08%, SK hynix by 1.67%, Hyundai Motor by 5.12%, LG Energy Solution by 1.96%, and SK Square by 3.76%.

The KOSDAQ index closed at 1,162.97, up 10.54 points (0.91%). Individual investors were net buyers of 361 billion won, while foreign investors and institutions were net sellers of 251.3 billion won and 64.5 billion won, respectively.

By sector, telecommunications (6.66%), paper & wood (5.38%), non-metallics (5.11%), entertainment & culture (3.54%), and IT services (3.23%) showed strong performance.

Among the top market capitalization stocks, Ecopro (0.88%), Ecopro BM (1.23%), and Rainbow Robotics (0.82%) rose, while Alteogen (-0.94%) and Samchundang Pharm (-9.01%) declined.

Meanwhile, just before the close of the domestic market, Taiwan's TSMC announced its first quarter results for this year, exceeding market expectations and posting a record high net profit. TSMC reported that its first quarter net profit was 572.5 billion Taiwan dollars (approximately 26.7 trillion won), up 58% from the same period last year.

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