KOSPI Closes at 2625.91... Highest Closing in Two Days

On the 26th, the KOSPI closed at 2,625.91, up 24.37 points (0.94%) from the previous day. This surpassed the previous record high of 2,617.76 set on the 24th, breaking it within two days. The photo shows the dealing room at the Hana Bank headquarters in Jung-gu, Seoul, in the afternoon of the same day. (Photo by Yonhap News)

[Asia Economy Reporter Geum Bo-ryeong] On the 26th, the KOSPI index once again reached an all-time high closing price after two days.

On this day, the KOSPI closed at 2625.91, up 0.94% (24.37 points) from the previous trading day. On the 23rd, the KOSPI opened the 2600 era with a closing price of 2602.59, and on the 24th, it recorded an all-time high closing price of 2617.76.

The KOSPI started at 2605.73, up 0.16% (4.19 points) from the previous day, and fluctuated around the 2600 level until about 1:10 PM. Afterwards, it increased its gains due to net buying by foreign investors.

In the KOSPI market, individuals and foreigners were net buyers of 257.7 billion KRW and 251.5 billion KRW, respectively. Meanwhile, institutions were net sellers of 527.6 billion KRW.

By sector, paper & wood (3.12%), electrical & electronics (1.98%), and telecommunications (1.72%) rose, while textiles & apparel (1.28%) and electric & gas utilities (1.21%) declined.

Among the top 10 companies by market capitalization, Samsung Electronics (2.10%), SK Hynix (2.26%), LG Chem (3.55%), NAVER (2.51%), and Samsung SDI (2.23%) rose, while Samsung Biologics (0.5%), Celltrion (0.15%), and Hyundai Motor (0.28%) fell.

The KOSDAQ index also showed an upward trend. On this day, the KOSDAQ closed at 874.53, up 1.09% (9.41 points) from the previous trading day.

The KOSDAQ opened at 868.60, up 0.4% (3.48 points) from the previous day, showed a decline from 9:05 AM to 9:21 AM, but then rebounded with an increase of over 1%.

In the KOSDAQ market, individuals were net sellers of 136.6 billion KRW, while foreigners and institutions were net buyers of 123.0 billion KRW and 27.2 billion KRW, respectively.

By sector, chemicals (0.85%), telecommunications equipment (0.78%), and paper & wood (2.9%) rose, while entertainment & culture (0.97%) and machinery & equipment (0.56%) declined.

All of the top 10 stocks by market capitalization closed higher. Celltrion Healthcare (1.48%), Celltrion Pharm (8.72%), HL Biopharma (0.97%), Seegene (2.03%), and Alteogen (2.38%) rose.