KOSPI Closes at Record High for Third Consecutive Day...Touches 6,500 Mark During Session

KOSPI Closes at 6,475.81 on Strong Individual Buying
SK hynix Ends Firm Despite Intraday Declines
KOSDAQ Starts Higher but Finishes Down

The KOSPI closed at a record high for the third consecutive day. After surpassing the 6500 mark during the session, individual investors' buying managed to withstand selling by institutions and foreigners, allowing the index to end the day in the upper 6400 range.

On April 23, as optimism grew over the resumption of peace negotiations between the United States and Iran, with the three major New York stock indexes closing higher, the KOSPI also surpassed the 6550 level during the session, hitting an all-time high. In the dealing room of Hana Bank’s headquarters in Jung-gu, Seoul, an employee is monitoring the stock market and exchange rates. Photo by Cho Yongjun

On April 23, the KOSPI index finished at 6475.81, up 57.88 points (0.90%) from the previous trading day. It has set a new closing high for three consecutive days.

The KOSPI index crossed the 6500 mark during the session as individual buying offset selling by foreigners and institutions. On this day, individuals were net buyers of 532.497 billion won, while foreigners and institutions were net sellers of 399.337 billion won and 70.443 billion won, respectively.

By sector, performance was mixed. Machinery & equipment (+3.22%), distribution (+3.07%), transportation & storage (+2.24%), insurance (+1.64%), electrical & electronics (+1.34%), and finance (+1.10%) ended higher, while metals (-2.07%), paper & wood (-1.62%), and transportation & storage (-1.36%) closed lower.

Samsung Electronics ended trading at 224,500 won, up 3.2% (7,000 won). SK Hynix, which showed a downward trend during the session, managed to close marginally higher at 1,225,000 won, up 0.1% (2,000 won). Other major large-cap stocks also finished higher, including LS ELECTRIC (+11.7%), Samsung Heavy Industries (+6.9%), Samsung C&T (+6.3%), Hyosung Heavy Industries (+5.9%), Doosan Enerbility (+5.7%), and SK Inc. (+3.9%).

On the other hand, Samsung Electro-Mechanics (-4.6%), Samsung SDI (-4.4%), LG Energy Solution (-3.7%), Samsung Biologics (-3.0%), and Hyundai Mobis (-3.0%) ended the session lower.

The KOSDAQ index closed at 1,174.31, down 6.81 points (-0.58%). Although it opened higher, it turned downward during the session and failed to recover. Individuals were net buyers of 405.061 billion won, while foreigners and institutions were net sellers of 184.446 billion won and 146.758 billion won, respectively.

By sector, the market closed mixed. Construction (+4.35%), non-metals (+1.17%), pharmaceuticals (+0.81%), and general services (+1.37%) rose, while transport equipment & parts (-2.02%), electrical & electronics (-1.68%), distribution (-1.65%), and publishing & media reproduction (-1.53%) declined.

Among major market cap stocks, EcoPro (-4.3%), EcoPro BM (-5.7%), SCD Pharmaceutical (-5.7%), Wonik IPS (-4.9%), and Pearl Abyss (-3.6%) closed lower. Stocks that ended higher included Caregen (+14.1%), LIG ChemBio (+7.0%), HPSP (+6.2%), Woori Technology (+6.1%), and Voronoi (+6.0%).

Meanwhile, on the Seoul foreign exchange market, the won-dollar exchange rate closed at 1,481.0 won, up 5.0 won from the previous trading day.

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