Samsung Life Insurance Surges 9.18%
Kia Gains 4.20%
On January 16, the KOSPI surpassed the 4,800 mark at the opening for the first time in history.
As of 9:15 a.m. on January 16, the KOSPI index was trading at 4,807.43, up 9.88 points (0.21%) from the previous trading day. The index started the session at 4,820.66, up 23.11 points (0.48%), breaking through the 4,800 level for the first time ever. Foreign investors recorded a net sell of 157.5 billion won, and institutions a net sell of 51.2 billion won. Individual investors were net buyers of 208.2 billion won.
By sector, insurance (5.06%), machinery and equipment (1.32%), securities (1.18%), electric and gas (1.10%), and telecommunications (1.05%) saw gains. In contrast, pharmaceuticals (-1.54%), medical precision instruments (-1.17%), non-metallic minerals (-0.59%), and paper and wood (-0.54%) were on a downward trend.
As the KOSPI's upward trend continues unabated, on the 16th, an employee is monitoring the stock market and exchange rates in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul, after the index surpassed the 4,800 mark for the first time in history. The KOSPI opened at 4,820.66, up 23.11 points (0.48%) from the previous session. Photo by Jo Yongjun
Among the top market cap stocks, Samsung Life Insurance stood out with a sharp rise of 9.18%. This is attributed to the recent semiconductor boom and the increase in the value of its stake in Samsung Electronics, which has led to a rise in its share price. Kia, which has recently seen renewed attention on the value of its stake in the US robotics company Boston Dynamics, was also up by 4.20%. Other gainers included Doosan Enerbility (3.46%), Korea Electric Power Corporation (1.12%), Samsung Electronics (0.97%), Hanwha Aerospace (0.93%), and Samsung Electronics Preferred Shares (0.47%).
On the other hand, Samsung Biologics (-2.19%), Celltrion (-1.90%), Hyundai Mobis (-1.89%), HD Hyundai Heavy Industries (-1.11%), Shinhan Financial Group (-0.88%), Samsung C&T (-0.87%), NAVER (-0.81%), and KB Financial Group (-0.69%) declined.
At the same time, the KOSDAQ index was at 946.44, down 4.72 points (0.50%) from the previous session. The KOSDAQ opened at 950.83, down 0.33 points (0.03%). Foreign investors recorded a net sell of 64.7 billion won, and institutions a net sell of 1.9 billion won. Individual investors were net buyers of 71.6 billion won.
Among the top KOSDAQ market cap stocks, Classys (3.60%), Wonik IPS (1.80%), and Lino Corporation (0.93%) were on the rise. In contrast, D&D Pharmatech (-4.87%), AIMEDBIO (-3.77%), Alteogen (-3.19%), HLB (-2.81%), ABL Bio (-2.39%), Rainbow Robotics (-2.31%), PharmaResearch (-2.12%), Legochem Bio (-2.09%), Peptron (-1.94%), and Kolon TissueGene (-1.94%) were showing weakness.
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