KOSPI Hits All-Time High in Just One Day, Closes at 6,417.93

KOSDAQ Also Ends with Slight Gains

The KOSPI index closed at a new all-time high after just one day. The KOSDAQ index, which had fallen earlier in the session, ended with slight gains.

On the 22nd, the status board at the dealing room of Hana Bank's headquarters in Jung-gu, Seoul, displayed the KRW/USD exchange rate, KOSPI, and KOSDAQ indices. On that day, the KOSPI closed at 6417.93, up 29.46 points (0.46%), and the KOSDAQ index closed at 1181.12, up 2.09 points (0.18%). Photo by Yonhap News.

On April 22, the KOSPI finished trading at 6417.93, up 29.46 points (0.46%) from the previous session. Although the index touched the 6400 level at the start of the session, it dropped to as low as 6347.68 around 10:40 a.m. After remaining flat around the 6380 level, the index steadily climbed after 2 p.m., surpassing the previous day's record high of 6388.47 to reach the 6400-mark.

Individual investors drove the index higher, purchasing a total of 1,779,824,000,000 won. In contrast, foreign investors and institutional investors sold off 741,480,000,000 won and 920,385,000,000 won, respectively.

Performance varied across sectors. Metals (3%), transportation equipment and parts (2.71%), chemicals (1.56%), medical and precision instruments (1.41%), and electricity and gas (1.01%) all posted gains. On the other hand, insurance (-1.76%), telecommunications (-1.23%), and construction (-1.21%) declined.

Major stocks by market capitalization also showed mixed results. HD Hyundai Heavy Industries (10.7%), HD Korea Shipbuilding & Offshore Engineering (7.8%), Samsung Electro-Mechanics (5.5%), Samsung Heavy Industries (5.3%), LS ELECTRIC (4.8%), Hanwha Ocean (2.9%), and Hyundai Mobis (2.1%) all rose. Samsung Life Insurance (-2.9%) and KB Financial Group (-1.7%) fell. Samsung Electronics dropped 0.4%, while SK hynix ended flat.

On the same day, the KOSDAQ closed at 1181.12, up 2.09 points (0.18%) from the previous session. Individual and foreign investors bought 405,385,000,000 won and 95,960,000,000 won, respectively, while institutional investors sold 374,365,000,000 won.

Among the top market capitalization stocks, all except HPSP (3%), Caregen (2.9%), Leeno Industrial (1.5%), Jusung Engineering (1.2%), ISC (0.6%), EO Technics (0.1%), and Ecopro (0.1%) declined. Sam Chun Dang Pharm (-15.9%), Wonik IPS (-3.8%), and Robotis (-3.4%) were notable losers.

Lee Kyungmin, a researcher at Daishin Securities, said, "External factors have fueled risk-off sentiment, but earnings and order momentum provided support for the lower end of the index," adding, "Although the index's decline widened early in the session, it later rebounded and traded sideways within a narrow range."

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