Samsung Life Insurance Surges 9.18%
Kia Gains 4.20%
The KOSPI surpassed the 4,800 mark for the first time in history as soon as trading opened on the 16th.
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 opened at 4,820.66, up 23.11 points (0.48%), breaking through the 4,800 mark for the first time ever. Foreign investors recorded a net sell of 157.5 billion won, while institutions sold a net 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%), electricity and gas (1.10%), and telecommunications (1.05%) saw gains. On the other hand, pharmaceuticals (-1.54%), medical precision equipment (-1.17%), non-metallic minerals (-0.59%), and paper and wood (-0.54%) declined.
As the KOSPI's upward trend shows no signs of slowing, 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, where the index surpassed the 4800 mark for the first time in history. The KOSPI opened at 4820.66, up 23.11 points (0.48%) from the previous session. Photo by Jo Yongjun
Among the top market capitalization stocks, Samsung Life Insurance stood out with a sharp rise of 9.18%. This is believed to be due to the recent semiconductor boom, which increased the value of its stake in Samsung Electronics, leading to a rise in its share price. Kia, which has recently seen its stake in the U.S. robotics company Boston Dynamics gain attention, also rose 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 (0.47%).
In contrast, 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 sold a net 1.9 billion won. Individual investors were net buyers of 71.6 billion won.
Among the top KOSDAQ market capitalization stocks, Classys (3.60%), Wonik IPS (1.80%), and Leeno Industrial (0.93%) rose. On the other hand, 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%), LIG ChemBio (-2.09%), Peptron (-1.94%), and Kolon TissueGene (-1.94%) showed weakness.
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