KOSPI Eyes 5,000, Hits All-Time Intraday High

Hits an Intraday High of 4,858.79

On January 19, the KOSPI index opened slightly lower but soon reversed course and climbed to an all-time intraday high of 4,858. Market analysts expect that the continued strength of semiconductor-related companies in the U.S. stock market last week will bring positive momentum to the domestic stock market as well.

On this day, the KOSPI started at 4,829.40, down 0.23% from the previous trading day. However, it quickly turned upward, reaching a record high of 4,858.79 at around 9:09 a.m.

By investor type, foreign investors and institutions were net buyers, purchasing 135.4 billion won and 93.9 billion won, respectively. In contrast, individuals were net sellers, with a net sale of 201.3 billion won.

The KOSDAQ index opened at 952.93, down 0.17% from the previous session. It also rebounded, rising to 957.45 as of 9:12 a.m.

By sector, the transportation equipment and parts sector posted the largest gain at 3.24%. This was followed by metals (1.99%), entertainment and culture (1.72%), machinery and equipment (1.25%), transportation and warehousing (1.02%), and construction (0.91%). On the other hand, medical and precision instruments (-1.68%), pharmaceuticals (-1.29%), insurance (-1.07%), textiles and apparel (-0.81%), paper and wood (-0.54%), and electrical and electronics (-0.34%) declined.

Among the top 10 stocks by market capitalization, there were mixed results. Hyundai Motor surged by 8.2%, and Kia also rose by 3.2%. HD Hyundai Heavy Industries (2.0%) and Hanwha Aerospace (1.0%) also showed strength. In contrast, SK Square (-3.5%), Samsung Biologics (-1.9%), Doosan Enerbility (-1.2%), Samsung Electronics (-1.1%), LG Energy Solution (-0.7%), and SK Hynix (-0.1%) declined.

In the KOSDAQ market, foreign investors and institutions were net sellers, offloading 113.3 billion won and 41.7 billion won, respectively. Conversely, individuals were net buyers, with a net purchase of 161.8 billion won.

Here too, the transportation equipment and parts sector posted the largest gain at 3.04%. This was followed by other manufacturing (2.44%), machinery and equipment (2.05%), textiles and apparel (0.91%), manufacturing (0.88%), electrical and electronics (0.79%), telecommunications (0.78%), and metals (0.59%). General services (-1.70%), transportation and warehousing (-1.09%), and distribution (-0.86%) declined.

Among the top 10 KOSDAQ stocks by market capitalization, Peptron recorded the largest gain at 5.7%. This was followed by Rainbow Robotics (2.6%), Samchundang Pharm (2.1%), Lino Industrial (1.2%), and Ecopro BM (0.8%). In contrast, Alteogen (-4.3%), HLB (-3.8%), ABL Bio (-1.5%), Ecopro (-0.5%), and LIG Chem Bio (-0.1%) declined.