On the 19th, the KOSPI index opened at 2,786.16, up 22.24 points from the previous trading day. Dealers are working in the dealing room of Hana Bank in Jung-gu, Seoul. Photo by Jinhyung Kang aymsdream@
The KOSPI index closed near the 2800 level after rising.
On the 19th, the KOSPI index closed at 2797.33, up 33.41 points (1.21%) from the previous day. Trading volume was 635.71 million shares, and the trading value was tentatively estimated at 13.8594 trillion KRW.
By investor type, institutions and foreigners net bought 548.1 billion KRW and 272.7 billion KRW respectively, while individuals net sold 746.6 billion KRW. Program trading saw net buying of 231.8 billion KRW in arbitrage trading and 11.5 billion KRW in non-arbitrage trading.
Following the previous day’s strong performance of semiconductor-related stocks such as NVIDIA in the New York stock market, which led the S&P 500 and Nasdaq indices to record all-time highs, the KOSPI index also started higher. Subsequently, buying pressure on large-cap stocks like Samsung Electronics pushed the index above the 2800 level during the session.
Most sectors rose. The insurance sector increased by 2.75%, transportation and warehousing by 2.0%, transportation equipment by 1.99%, pharmaceuticals by 1.64%, medical precision instruments by 1.56%, electrical and electronics by 1.55%, finance by 1.37%, manufacturing by 1.33%, and steel and metals by 1.26%. Conversely, the food and beverage sector fell 3.81%, textiles and apparel dropped 0.7%, and distribution declined 0.64%.
Most of the top market capitalization stocks also rose. Samsung Electronics gained 1.75%, LG Energy Solution 3.63%, Hyundai Motor 1.24%, Samsung Biologics 2.03%, Kia 0.99%, Celltrion 2.4%, KB Financial Group 1.94%, POSCO Holdings 1.36%, and NAVER 0.66%. Meanwhile, SK Hynix fell 0.43%.
The KOSDAQ index also closed higher. It ended at 861.17, up 2.22 points (0.26%) from the previous day. By investor type, foreigners and individuals net bought 104.5 billion KRW and 5.1 billion KRW respectively, while institutions net sold 52.8 billion KRW.
Top market capitalization stocks showed mixed movements. EcoPro BM and EcoPro rose 1.3% and 2.13% respectively, HLB 0.96%, Enchem 0.56%, Celltrion Pharm 2.94%, Samchundang Pharm 15.76%, and Classys 6.76% were strong. On the other hand, Alteogen fell 6.76%, Rino Industrial dropped 0.57%, Rainbow Robotics declined 1.37%, and Silicon Two decreased 1.17%.
Meanwhile, in the Seoul foreign exchange market, the KRW/USD exchange rate closed at 1381.8 won, up 0.7 won from the previous day.
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