Will the KOSPI Reach 6,600?... KOSDAQ Also on the Rise

KOSPI Hits All-Time Intraday High
KOSDAQ Maintains Upward Momentum Above 1,200 Mark

The KOSPI surpassed 6,557 in early trading, marking a new all-time intraday high. The KOSDAQ has also continued its upward trend after breaking through the 1,200 mark on April 24 for the first time in 25 years.

On April 23, with optimistic views on the resumption of peace negotiations between the United States and Iran leading to strong closes in the three major New York stock indexes, the KOSPI also broke through the 6550 mark intraday, setting an all-time high. At the Hana Bank headquarters dealing room in Jung-gu, Seoul, an employee is monitoring the stock market and exchange rates. Photo by Jo Yongjun

As of 9:09 a.m. on April 27, the KOSPI index was trading at 6,540.72, up 65.09 points (1.01%) from the previous session.

By investor type, foreign investors and individuals were net buyers, purchasing 10.4 billion won and 15.1 billion won, respectively. In contrast, institutions were net sellers, offloading 28.8 billion won.

By sector, more industries were on the rise. Gains were seen in electrical and electronics (+1.87%), general services (+1.81%), machinery and equipment (+1.56%), entertainment and culture (+1.33%), and manufacturing (+1.29%). On the other hand, construction (-1.51%), telecommunications (-1.29%), utilities (-1.07%), and chemicals (-0.68%) were declining.

Among the top 20 stocks by market capitalization, more stocks were declining. Shares of LG Energy Solution (-2.39%), Samsung SDI (-2.18%), Hanwha Ocean (-1.93%), Samsung Electro-Mechanics (-1.78%), and KB Financial Group (-1.02%) were down. In contrast, SK Square (+5.59%), SK hynix (+4.01%), HD Hyundai Electric (+3.61%), and Hyundai Motor (+1.17%) were advancing.

The KOSDAQ was also trading higher, up 7.47 points (0.62%) from the previous session at 1,211.31.

By investor type, individuals were net buyers, purchasing 138.7 billion won. In contrast, foreign investors and institutions were net sellers, offloading 128.4 billion won and 8.7 billion won, respectively.

By sector, more industries were on the rise. Machinery and equipment (+1.66%), pharmaceuticals (+1.62%), general services (+1.21%), textiles and apparel (+1.17%), and transportation and storage (+1.03%) were among the gainers. In contrast, electrical and electronics (-0.63%), paper and wood (-0.53%), distribution (-0.44%), and chemicals (-0.44%) were among the decliners.

Among the top 20 stocks by market capitalization, more stocks were on the rise. Roboteez (+7.01%), Rainbow Robotics (+5.88%), ABL Bio (+5.80%), Jusung Engineering (+4.92%), and HLB (+3.82%) were gaining, while in contrast, Leeno Industrial (-11.82%), EO Technics (-2.27%), ISC (-1.70%), and Wonik IPS (-0.95%) were declining.

Meanwhile, on the Seoul foreign exchange market, the won-dollar exchange rate opened at 1,477.6 won, down 6.9 won from the previous trading day.

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