On the 23rd, the Korea Composite Stock Price Index (KOSPI) opened higher and topped the 3,490 level, setting a new all-time high. After Wall Street closed at a record high the previous day, a warm tailwind is continuing in the domestic market.
As of 9:04 a.m. that day, the KOSPI was at 3,493.54, up 24.89 points (0.72%) from the previous trading day. The KOSPI opened at 3,489.46, up 0.6% from the day before, and rose as high as 3,494.49.
In the main board, individuals are buying 267.5 billion won, while foreigners and institutions are selling 52.6 billion won and 189.9 billion won, respectively.
The KOSDAQ is up 2.5 points (0.29%) at 876.86. On the KOSDAQ, individuals are net buying 94.6 billion won, while foreigners and institutions are net selling 64.9 billion won and 12.6 billion won, respectively.
On the 22nd (local time), all three major U.S. stock indexes closed at record highs. News of a large-scale investment by Nvidia, the bellwether of artificial intelligence (AI), lifted the entire market. Even the bearish factor of a potential federal government shutdown did not stop the AI frenzy.
On the New York Stock Exchange (NYSE) that day, the Dow Jones Industrial Average rose 66.27 points (0.14%) to 46,381.54. The large-cap-focused Standard & Poor's (S&P) 500 gained 0.44% to close at 6,693.75. The tech-heavy Nasdaq composite also ended up 0.70% at 22,788.98.