Rising in an unstoppable surge, the KOSPI rose in the 2% range on the 3rd and crossed the 4,200 level.
As of 11:58 a.m., the KOSPI was up 2.42% (99.58 points) from the previous transaction day at 4,207.08. The KOSPI opened at 4,123.36, up 15.68 points (0.39%) from the previous transaction day.
The main board is being led by individuals and institutions. Individual investors are net buying 308.6 billion won, institutions 68.0 billion won, while foreigners are net selling 353.6 billion won.
Most of the top market-cap stocks on the main board are rising. Samsung Electronics and SK hynix are each gaining in the 2% and 7% range. LG Energy Solution, Hyundai Motor, Doosan Enerbility, HD Hyundai Heavy Industries, and Hanwha Aerospace are also strong.
The domestic market appears to have been influenced by the recently concluded Asia-Pacific Economic Cooperation (APEC) summit. In particular, during this period, Jensen Huang, Nvidia chief executive officer (CEO), who visited Korea, promised to supply 260,000 graphics processing units (GPUs) to the Korean government and corporations, boosting expectations.
Han Ji-young, a Kiwoom Securities researcher, said, "The AI alliance could provide the potential for the domestic stock market to level up further in the mid to long term."
In particular, large semiconductor stocks such as Samsung Electronics and SK hynix are leading the session while hitting a record high. Samsung Electronics' share price topped 110,000 won for the first time ever, and SK hynix also logged "600,000-nix."
There is also interest in leading-sector related stocks such as HD Hyundai Heavy Industries and Doosan Enerbility, which are scheduled to announce earnings.
The researcher said, "As funds have increasingly concentrated in the semiconductor sector, related stocks in shipbuilding, defense, and nuclear power briefly slipped out of the market's focus, but with narratives unique to them—such as the Mars project, expanding global demand for autonomous national defense, and the Manuka project—remaining valid, the key is whether the earnings announcements will offer outlooks that back them up."
At the same time, the KOSDAQ was up 1.33% (12.00 points) from the previous transaction day at 912.42. The KOSDAQ opened at 906.19, up 0.64% (5.77 points) from the previous transaction day.
On the KOSDAQ, foreigners and institutions are net buying 239.4 billion won and 9.7 billion won, respectively, while individuals alone are net selling 216.2 billion won.
Top market-cap stocks on the KOSDAQ are mixed. Alteogen, EcoPro BM, EcoPro, Rainbow Robotics, and ABL Bio are rising. In contrast, HLB, Peptron, PharmaResearch, Sam Chun Dang Pharm, and LigaChem Biosciences are falling.