The domestic stock market is showing a noticeable upward trend for the first time in a while. After U.S. President Donald Trump decided to suspend the 25% tariff on Canada and Mexico for a month, expectations for alleviation of trade disputes have spread.
As of 11:18 a.m. on the 4th, the KOSPI index rose by 44.94 points (1.83%) to 2,498.89.
In the securities market, institutions led the index's rise by net purchasing 307.5 billion won, while foreign investors bought a net of 91.6 billion won. Individual investors are net selling 422.1 billion won.
By individual stock, Samsung Electronics is soaring by 4.12%. In addition, SK hynix (0.84%), LG Energy Solution (1.63%), and Hyundai Motor (2.48%) are also on the rise, while Samsung Biologics (-1.83%), Hyundai Mobis (-0.78%), and POSCO Holdings (-3.02%) are declining.
This trend is seen as a reaction to President Trump's decision to postpone the 25% tariff that was to be implemented on the 4th after speaking with the leaders of Canada and Mexico the previous night. The market sees that the crisis from the tariff war is likely to calm down for the time being.
Thanks to this, at the same time on this day, the KOSDAQ index surged 21.41 points (3.04%) to 725.21.
In the KOSDAQ market, foreign investors are buying 217.7 billion won and institutions are purchasing 35.6 billion won, while individuals are selling 238.4 billion won.
All of the top 15 stocks by market capitalization in the KOSDAQ are on the rise. Compared to the previous day, Alteogen is up 8.65%, ECOPRO BM is up 4.62%, and HLB has risen 1.13%.
By sector, healthcare technology (7.91%), biotechnology (5.59%), and defense (4.81%) are on the rise, while tobacco (-1.68%), steel (-1.16%), and air freight transport and logistics (-0.90%) are declining.