On the 26th, the day after Christmas, the KOSPI and KOSDAQ indexes are on an upward trend.

Illustration=Jeong Da-woon /Courtesy of Jeong Da-woon

As of 9:06 a.m. on that day, the KOSPI index recorded a rise of 1.76 points (0.07%) to 2442.28 compared to the previous transaction day. The KOSPI index opened at 2449.52, up 9.00 points (0.37%) from the previous close.

The top market capitalization stocks show mixed results. Samsung Electronics, the leader in semiconductors, has dropped 0.18%, while SK Hynix has risen 1.36%. Samsung Electronics preferred stock has increased by 0.11%.

Additionally, LG Energy Solution, Samsung Biologics, and Celltrion are seeing stock price increases. Meanwhile, Hyundai Motor, Kia, KB Financial, and NAVER are experiencing declines in their stock prices.

At the same time, the KOSDAQ index is trading at 682.36, up 2.25 points (0.33%). The KOSDAQ index opened at 684.21, up 4.10 points (0.60%) from the previous transaction day.

Looking at the top 10 market capitalization stocks, Alteogen, Rigakem Bio, Hugel, Samchundang Pharmaceutical, and Shinseong Delta Tech are all seeing stock price increases. In contrast, Ecopro BM, HLB, Ecopro, Classys, and Rino Industrial are experiencing declines.

On the 25th (local time), the U.S. New York Stock Exchange was closed in observance of Christmas. On the day before Christmas, the major indexes of the New York Stock Exchange showed a strong upward trend of around 1%, performing a 'Santa Rally.' Technology stocks led the market surge, with Tesla soaring more than 7%.

On that day, the Standard & Poor's 500 index, centered on large-cap stocks, closed at 6040.04, up 65.97 points (1.10%) from the previous close. The Dow Jones Industrial Average, focused on blue-chip stocks, closed at 43,297.03, up 390.08 points (0.91%) from the prior day. The Nasdaq index, centered on technology stocks, closed at 20,031.13, up 266.24 points (1.35%) from the previous close.

On that day, the New York Stock Exchange closed early at 1 p.m. the day before Christmas. Large-cap stocks, led by Tesla (7.36%), showed an upward trend, driving the Santa Rally. Typically, the Santa Rally refers to the phenomenon of stock indexes rising from just before Christmas through the end of the year and into the new year. Apple rose over 1%, nearing a market capitalization of $4 trillion, while Amazon and Meta also increased by more than 1%.

On that day, the won/dollar exchange rate started at 1460.0 won, up 0.8 won from the previous transaction day. (The value of the won has declined.)