On the 17th, the KOSPI crossed the 3,760 mark intraday, setting another all-time high.
According to the Korea Exchange and others, at 10:02 a.m. that day the KOSPI index turned higher, and by 10:05 a.m. it had surpassed 3,760. It then climbed to as high as 3,763.23, setting a record high. It came just one day after the KOSPI broke above 3,700 for the first time ever the previous day and closed at 3,748.37.
The KOSPI index opened lower as profit-taking and concerns over U.S. regional banks overlapped, but turned higher intraday on the back of buying by individuals and the National Pension Service. Individuals are net buying 290.9 billion won. Institutions are net selling 179 billion won, but the National Pension Service is net buying 55.6 billion won.
By stock, both semiconductor and secondary battery shares, which rank among the top KOSPI large caps by market capitalization, are strong. Specifically, semiconductor stocks Samsung Electronics and SK hynix, the No. 1 and No. 2 by market cap, turned higher after opening lower, up 0.77% and 3.31%, respectively.
LG Energy Solution, the No. 3 secondary battery stock by market cap, is also strong. It rose more than 4%, hitting a new intraday high for the year. In addition, Hyundai Motor and HD Hyundai Heavy Industries are also rising. Doosan Enerbility and Hanwha Aerospace are weak.
As of 10:05 a.m. that day, the KOSDAQ index was at 868.76, up 3.35 (0.39%) from the previous trading day. Like the KOSPI, it turned higher after opening lower. On the KOSDAQ market, individuals are also net buying 111.6 billion won, leading the index higher.