KOSPI Breaks Through 6,500 for the First Time Ever... Samsung Electronics and SK hynix Also Soaring

KOSDAQ Opens Higher, Then Turns Lower

The KOSPI index broke through the 6,500 mark, setting a new all-time high. Samsung Electronics and SK Hynix, the first and second largest companies by market capitalization on the KOSPI, also hit record highs, continuing their upward trend.

Yonhap News

As of 9:22 a.m. on April 23, the KOSPI index was trading at 6,519.03, up 101.10 points (1.58%) from the previous trading day. This marks the first time the index has surpassed 6,500 and the third consecutive day it has set a new record high.

By investor type, foreign investors made net purchases of 100.276 billion won, institutions bought a net 338.795 billion won, while individual investors sold a net 409.919 billion won.

By sector, trends were mixed. Machinery and equipment (+2.54%), electrical and electronics (+2.41%), construction (+2.30%), insurance (+2.01%), retail (+1.69%), and manufacturing (+1.73%) sectors were on the rise. On the other hand, paper and wood (-1.35%), metals (-1.26%), and transportation and storage (-1.08%) sectors were in decline.

Samsung Electronics and SK Hynix, the top two companies by market capitalization, also set new record highs. During trading, Samsung Electronics rose 4.83% (10,500 won) from the previous day to 228,000 won, while SK Hynix climbed 3.51% (43,000 won) to 1,265,000 won.

Other strong performers included LS ELECTRIC (+14.3%), Hyosung Heavy Industries (+5.2%), Doosan Enerbility (+4.9%), SK Square (+4.7%), Samsung Life Insurance (+3.6%), and Samsung C&T (+3.3%). In contrast, LG Energy Solution (-3.7%), Samsung Electro-Mechanics (-3.6%), and Samsung Life Insurance (-2.7%) were among the weaker performers.

The KOSDAQ index opened higher but turned downward in early trading. The KOSDAQ index was trading at 1,173.19, down 7.93 points (0.67%) from the previous trading day. Individual investors made net purchases of 244.422 billion won, while foreign investors and institutions recorded net sales of 166.286 billion won and 69.404 billion won, respectively.

By sector, most categories were weak except construction (+4.79%) and metals (+0.25%). Paper and wood (-2.17%), transportation equipment and parts (-1.37%), other manufacturing (-1.34%), and financials (-1.30%) were among the declining sectors.

Among the top KOSDAQ stocks by market capitalization, results were mixed. Ecopro (-1.8%) and Ecopro BM (-2.0%) declined, along with Samchundang Pharm (-6.7%), Wonik IPS (-3.7%), Pearl Abyss (-3.1%), and Sungho Electronics (-3.5%). Conversely, Woori Technology (+4.9%), Padu (+4.5%), Leeno Industrial (+3.3%), and Caregen (+2.8%) showed strength.

Meanwhile, in the Seoul foreign exchange market, the won-dollar exchange rate opened at 1,478.0 won, up 2.0 won.

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