"The Uncharted Path"... KOSPI Surpasses the 5,000 Mark

The KOSPI has surpassed the 5,000 mark. Leading stocks by market capitalization, such as those in the semiconductor and automotive sectors, are driving the index upward.

Yonhap News Agency

As of 9:08 a.m. on January 22, the KOSPI stood at 5,014.51, up 104.58 points (2.13%) from the previous trading day. The index opened at 4,987.06, up 77.13 points (1.57%) from the previous session, and has continued to widen its gains.

The rebound in the U.S. stock market has influenced this rise. On January 21 (local time), the Dow Jones Industrial Average closed at 49,077.23, up 588.64 points (1.21%) from the previous session on the New York Stock Exchange. The S&P 500, which focuses on large-cap stocks, rose 78.76 points (1.16%) to 6,875.62, while the tech-heavy Nasdaq climbed 270.502 points (1.18%) to close at 23,224.825.

The easing of tensions between the United States and Europe is cited as a reason for the rebound. The United States established a basic framework for future agreements with the North Atlantic Treaty Organization (NATO) regarding the annexation of Greenland. In addition, the decision to withdraw the planned imposition of European tariffs has improved investor sentiment.

By investor type, foreigners and institutions recorded net sales of 215 billion won and 230.1 billion won, respectively. In contrast, individual investors posted net purchases of 445.1 billion won.

By sector, electrical and electronics as well as transportation and storage are both soaring by more than 3%. Securities are also up 2.08%, while chemicals and machinery & equipment have each risen by more than 1%. On the other hand, electric & gas is down 2.33%, and pharmaceuticals and metals have each dropped by more than 1%.

Among the top stocks by market capitalization, Samsung Electronics traded at 155,900 won, up 6,400 won (4.28%) from the previous session. Hyundai Motor is also surging by 4.92%, while SK Hynix and SK Square are both up more than 3%. In addition, LG Energy Solution and Doosan Enerbility are both showing gains of more than 2%. In contrast, Samsung Biologics and Hanwha Aerospace have both declined by more than 3%.

The KOSDAQ stood at 960.74, up 9.45 points (0.99%) from the previous session.

By investor type, individuals recorded net purchases of 210.1 billion won. In contrast, foreigners and institutions posted net sales of 125.8 billion won and 77.7 billion won, respectively.

By sector, financials are up 3.37%, while electrical & electronics, machinery & equipment, and chemicals have each risen by more than 1%. On the other hand, transportation equipment & parts, telecommunications, construction, and entertainment & culture are showing slight declines.

Among the top stocks by market capitalization, Alteogen traded at 376,500 won, up 3,000 won (0.80%) from the previous session. Ecopro BM and Ecopro are both up more than 5%, while Samchundang Pharm has also jumped by more than 3%. HLB and Kolon TissueGene have both risen by more than 2%. In contrast, Rainbow Robotics, LIG Nex1, and Caregen are showing slight declines.