KOSPI Opens Higher Over 1%... Briefly Recovers "7,000-pi" Mark During Intraday Trading

The KOSPI showed strength in the early trading session today (the 21st) and is attempting to recover the "7,000-pi" mark.

As of 9:19 AM today, the KOSPI stood at 6,942.64, up 48.41 points (0.70%) from the previous session.

The index opened at 6,938.34, up 44.11 points (0.64%) from the previous session, and maintained its strong start in early trading, briefly surpassing the 7,000 threshold at one point.

In the main bourse, foreign investors and institutional investors net purchased 187.4 billion won and 64.2 billion won, respectively, leading the index gains.

Individual investors recorded a selling dominance of 336 billion won.

Foreign investors also showed a buying stance in the KOSPI 200 futures market with 2 billion won.

On the 18th, the final trading day of last week, Wall Street closed mixed.

While the Dow Jones Industrial Average fell 0.18%, the S&P 500 Index and the tech-heavy Nasdaq Composite Index rose 0.17% and 0.39%, respectively.

International oil prices declined, influenced by foreign media reports that Saudi Arabia's state-run oil company Aramco additionally proposed crude oil transshipment near the port of Sohar in Oman to long-term contract buyers in Asia.

However, the U.S. Treasury yields, which had dropped into the 4% range, rose back above 5%, which is interpreted as having placed a burden on investment sentiment.

Nevertheless, major semiconductor stocks such as NVIDIA, Broadcom, AMD, and Micron remained strong.

The Philadelphia Semiconductor Index also surged 2.78%.

Accordingly, the domestic stock market continues its upward trend centered around the semiconductor "top two" even ahead of this week's Chuseok holiday.

Currently, Samsung Electronics is trading at 269,750 won, up 3.35% from the previous session.

The stock opened 1.15% higher and soared up to 271,500 won in early trading.

At the same time, SK Hynix stood at 1,864,000 won, up 0.38%.

After opening with a slight gain of 0.81% and rising to 1,888,000 won, it temporarily turned downward before returning to an upward trend.

Meanwhile, looking at other top market capitalization stocks today, SK Square, Samsung Electro-Mechanics, Samsung Biologics, KB Financial Group, and Samsung C&T are strong, while LG Energy Solution, Hyundai Motor, HD Hyundai Heavy Industries, Kia, and Samsung SDI are declining.

By sector, medical and precision instruments, electrical and electronics, and distribution showed the highest gains.

Non-metallic minerals, paper and wood, and transportation equipment and parts sectors are declining.

At the same time, the Kosdaq index stood at 825.42, down 1.70 points (0.21%).

The index opened at 830.71, up 3.59 points (0.43%), but has been fluctuating within the flat range.

In the Kosdaq market, foreign and institutional investors are net sellers at 140.1 billion won and 42.8 billion won, respectively.

Only individual investors showed a buying dominance of 188.1 billion won.

EcoPro, EcoPro BM, Jusung Engineering, and Rainbow Robotics are among the declining stocks.

Alteogen, Wonik IPS, and EO Technics are rising.

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.