KOSPI Rises Over 1% Intraday... KOSDAQ Up Over 2%

[Asia Economy Reporter Hwang Junho] The KOSPI is rising by more than 1% thanks to strong buying by individual investors.

At 3:03 PM on the 14th, the KOSPI stood at 3,157.30, up 35.19 points (1.13%) from the previous trading day.

By trading participant, individuals are net buyers with 319.7 billion KRW. In contrast, foreigners and institutions are net sellers with 347 billion KRW and 33.5 billion KRW, respectively.

Most of the top market capitalization stocks are showing an upward trend. Samsung Electronics has recovered to the 80,000 KRW level, currently trading at 80,200 KRW, up 2.17% at this time.

Samsung Biologics is soaring by more than 8.13%. This is attributed to news that Samsung Biologics will be contract manufacturing Moderna's COVID-19 vaccine.

The KOSDAQ is also rising in tandem. At this time, it is at 966.54, up 28.95 points (2.15%) from the previous trading day.