'The Last Stock Market Week of the Year' KOSPI and KOSDAQ Rise Over 1%

'Record High' KOSPI & 'Yearly Peak' KOSDAQ
Samsung Electronics Rises Over 2%, Recovers to 80,000 KRW Range

[Asia Economy Reporter Minji Lee] On the 30th, the last trading day of the year, both the KOSPI and KOSDAQ indices are showing gains of over 1%. The 31st is a holiday, so the securities, derivatives markets, and foreign exchange market will not operate.

On the 30th, the last trading day of this year's stock market, dealers are working in the dealing room of Hana Bank in Jung-gu, Seoul. Photo by Jinhyung Kang aymsdream@

At 1:54 PM on the 30th, the KOSPI stood at 2,863.88, up 1.54% (43.37 points) from the previous trading day. The index surpassed the all-time high of 2,834.59 points recorded on the 28th, continuing its record-breaking streak. In the current KOSPI market, foreigners and institutions have net bought stocks worth 67.7 billion KRW and 52.8 billion KRW respectively, while individuals have sold stocks worth 149.8 billion KRW alone.

All of the top market capitalization stocks are on the rise. Samsung Electronics recorded 83,000 KRW, up 2.55% from the previous trading day. Other gainers include SK Hynix (1.29%), LG Chem (1.11%), Samsung Biologics (0.97%), Naver (3.36%), Samsung SDI (3.33%), and Kakao (1.30%).

At the same time, the KOSDAQ index stood at 970.25, up 1.34% (12.84 points) from the previous trading day. The KOSDAQ index surpassed the previous day’s record of 957.48, marking the highest point of the year. The rise in the index was driven by individuals, who have bought stocks worth 154.1 billion KRW in the KOSDAQ market, while foreigners and institutions sold stocks worth 96.0 billion KRW and 34.8 billion KRW respectively.

Among the top market capitalization stocks, Alteogen (0.62%), HL Biopharma (1.42%), SK Materials (0.85%), and Kakao Games (1.21%) also rose.