KOSPI Surpasses 5,100, KOSDAQ Breaks 1,100... Samsung Electronics Hits 162,000 Won

The KOSPI surpassed the 5,100 mark during trading for the first time in history.

On the 28th, the KOSPI index and KOSDAQ index are displayed on the status board of the Hana Bank dealing room in Jung-gu, Seoul. Photo by Yonhap News

On January 28, the KOSPI opened at 5,145.39, up 60.54 points (1.19%) from the previous trading day.

By investor type, individual investors made net purchases of 294.2 billion won. Foreign investors and institutions recorded net sales of 219.9 billion won and 71 billion won, respectively.

Samsung Electronics and SK Hynix both set new all-time highs for the second consecutive day. As of 9:13 a.m., Samsung Electronics was trading at 162,200 won, up 1.69% (2,700 won) from the previous day. At the same time, SK Hynix was trading at 810,000 won, up 2.00% (12,000 won).

This is analyzed as a result of strong gains led by big tech stocks in the New York Stock Exchange, with the Standard & Poor's (S&P) 500 index reaching an all-time high.

The KOSDAQ is recording 1,105.60, up 23.01 points (2.13%) from the previous day.

Foreign investors and institutions are driving the index upward with net buying early in the session, purchasing 5.4 billion won and 291.7 billion won, respectively. Individual investors recorded net sales of 274.8 billion won.

Individual investors and institutions are also showing net buying early in the session, with net purchases of 21.4 billion won and 63.3 billion won, respectively. Foreign investors recorded net sales of 81.3 billion won.