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KOSPI Breaks 2000 Again... KOSDAQ Surpasses 720, Both Rise Together

[Asia Economy Reporter Oh Ju-yeon] On the 26th, the domestic stock market started on an upward trend. The KOSPI surpassed the 2000 mark again, and the KOSDAQ index also broke through the 720 level, rising together.


As of 9:07 AM, the KOSPI recorded 2003.80, up 0.46% compared to the previous trading day. After hovering around the 1990 level for a while with fluctuations, the KOSPI jumped 0.32% to 2001.00 immediately after the opening, changing the leading digit of the index. The rise was led by software and secondary batteries, similar to the previous day.


Among the top market capitalization stocks, Samsung Electronics and SK Hynix fell by 0.41% and 0.86%, respectively, compared to the previous trading day, while LG Chem and Samsung SDI rose by 4.11% and 4.60%, respectively. Kakao's stock price increase also continues its unstoppable momentum, rising 0.93% again on this day.


The KOSDAQ index recorded 722.15, up 0.31% from the previous trading day. HL Biotech (0.19%), Pearl Abyss (0.48%), and EcoPro BM (5.37%) rose, while Celltrion Healthcare (-0.55%), Celltrion Pharm (-0.57%), and Seegene (-0.61%) declined.


By supply and demand, individual investors showed strong buying power. At this time in the KOSPI market, individuals net bought 90.5 billion KRW worth, while foreigners and institutions net sold 86.6 billion KRW and 2.8 billion KRW worth, respectively. In the KOSDAQ market, individuals bought 66.1 billion KRW worth, whereas foreigners and institutions sold 45.7 billion KRW and 13.7 billion KRW worth, respectively.


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