On the morning of May 13, the KOSPI index is on the rise, supported by the easing of the US-China tariff dispute and foreign investor buying.
On the 13th, despite the news of a sharp rise in the US New York stock market following the US-China mutual tariff agreement, the KOSPI started slightly lower. The status board in the dealing room of Hana Bank's headquarters in Jung-gu, Seoul, displayed the KOSPI and the won/dollar exchange rate. On that day, the KOSPI opened at 2609.16, up 1.83 points from the previous session, and the won/dollar exchange rate started at 1415.0 won, up 12.6 won. Photo by Jo Yongjun
As of 10:50 a.m. on this day, the KOSPI was trading at 2,615.91, up 8.58 points (0.33%) from the previous day. The index had started the session on a weak note at 2,601.76, down 5.57 points (0.21%), but began a notable upward turnaround after 10 a.m. Currently, foreign investors have purchased stocks worth 100.1 billion won. Institutions have made a net sale of 62.3 billion won, and individual investors have made a net sale of 53.1 billion won.
Among the large-cap stocks, HMM (6.07%), SK Hynix (2.56%), Celltrion (2.04%), Hanwha Ocean (1.97%), Samsung Biologics (1.92%), and Kia (1.19%) are showing gains. In contrast, Hanwha Aerospace (-1.46%), LG Energy Solution (-1.24%), POSCO Holdings (-1.14%), and Hyundai Mobis (-0.77%) are declining.
By sector, transportation and warehousing (1.93%), general services (1.92%), pharmaceuticals (1.60%), and medical precision instruments (0.91%) are performing strongly. In the medical precision instruments sector, 7 stocks are rising, representing a high increase rate of 87.50%. On the other hand, sectors such as electric and gas (-4.63%), metals (-1.69%), non-metals (-1.15%), and construction (-0.94%) are showing weakness.
On May 12 (local time), the Dow Jones Industrial Average, which focuses on blue-chip stocks, closed at 42,410.1, up 1,160.72 points (2.81%) from the previous session in the New York stock market. The S&P 500, which focuses on large-cap stocks, jumped 184.28 points (3.26%) to close at 5,844.19, and the tech-heavy Nasdaq soared 779.43 points (4.35%) to finish at 18,708.34. The main driver behind the US stock market rally was the agreement between the US and China to lower mutual tariffs by 115 percentage points for 90 days.
At the same time, the KOSDAQ index stood at 735.67, up 10.27 points (1.42%) from the previous session. The index had opened at 731.11, up 5.71 points (0.79%). Foreign investors have made a net purchase of 11.1 billion won, and institutions have made a net purchase of 57.3 billion won. Individual investors have made a net sale of 58.6 billion won.
Among the top KOSDAQ stocks by market capitalization, Samchundang Pharm (9.09%), Peptron (8.13%), ABL Bio (6.20%), Alteogen (5.36%), Rigakem Bio (4.33%), Lino Technology (3.15%), Rainbow Robotics (2.92%), HPSP (2.13%), Celltrion Pharm (1.50%), Pearl Abyss (1.42%), HLB (1.41%), and Classys (1.40%) are rising. In contrast, Silicon Two (-5.54%) and Ecopro BM (-1.08%) are declining.
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