The Korea Composite Stock Price Index (KOSPI), which broke through the 3,500 mark for the first time ever right after the open, continued to rise on the morning of the 2nd on the back of buying by foreigners and institutions.

A trading room electronic board at Hana Bank in Jung-gu, Seoul. /Courtesy of News1

As of 11:31 a.m. that day, the KOSPI was at 3,563.77, up 107.94 points (3.12%) from the previous transaction day.

Foreigners and institutions are leading the main board. While individuals alone are net sellers of 2.2931 trillion won, foreigners and institutions are net buyers of 1.7126 trillion won and 618.8 billion won, respectively.

Most of the top market-cap stocks on the main board are rising. SK hynix, a large-cap semiconductor stock, is surging more than 11%. Samsung Electronics, up more than 4%, briefly touched 90,000 won intraday. It is the first time in 4 years and 9 months that Samsung Electronics has exceeded 90,000 won.

In addition, LG Energy Solution, Samsung Biologics, Hanwha Aerospace, KB Financial Group, Hyundai Motor, and Doosan Enerbility are rising, while HD Hyundai Heavy Industries alone is falling.

At the same time, the KOSDAQ was at 853.19, up 7.85 points (0.93%).

The KOSDAQ is being led by individuals and foreigners. While individuals and foreigners are net buyers of 23.3 billion won and 5.8 billion won, respectively, institutions alone are net sellers of 18.5 billion won.

The KOSDAQ is mixed. While Alteogen, ECOPRO BM, Peptron, Ecopro, Sam Chun Dang Pharm, and HLB are rising, Rainbow Robotics, PharmaResearch, LigaChem Biosciences, and Sam Chun Dang Pharm are falling.

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