Intraday High of 3,803.86 Recorded
KOSDAQ Also Rises 1.7%
The KOSPI index surpassed the 3,800 mark during trading hours, once again setting a new all-time high.
As of 2:10 p.m. on October 20, the KOSPI stood at 3,800.96, up 1.39% from the previous day. At around 12:18 p.m., it reached 3,803.86, marking a new record high. The index started the day at 3,775.40, up 0.71% from the previous session, briefly turned negative, but soon rebounded and has continued its upward trend.
This breakthrough above the 3,800 level came just two trading days after the index first surpassed the 3,700 mark on October 16 during intraday trading.
Foreign investors, who were net buyers in the morning, switched to net selling, with total net sales amounting to 346.2 billion won. Individual investors also net sold 46.2 billion won, taking profits. Only institutional investors were net buyers, with net purchases totaling 354.5 billion won.
The KOSDAQ index is also on the rise. At the same time, it was up 1.74% from the previous day, standing at 874.47. Both foreign and institutional investors have continued to buy since the market opened, with net purchases of 94.8 billion won and 59.1 billion won, respectively. Individual investors net sold 141.6 billion won.
Suh Sangyoung, a researcher at Mirae Asset Securities, explained, "President Donald Trump mentioned over the weekend that he hopes China will at least purchase soybeans as before, and China claimed it would take a positive view of related negotiations. This led to a rebound in the Korean stock market." He added, "In particular, China's suggestion that it could do something for the United States and that tariffs could be lowered indicates a step back in the U.S.-China conflict, which had a positive effect."
On the 20th, the KOSPI index opened at 3,775.40, up 26.51 points from the previous trading day, as dealers were working in the dealing room of Hana Bank in Jung-gu, Seoul. October 20, 2025. Photo by Kang Jinhyung
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