On the 5th, the KOSPI rose more than 2% and surpassed the 4,400 mark for the first time ever.
As of 9:11 a.m. that day, the KOSPI was at 4,402.22, up 92.59 points (2.15%) from the previous trading day. The KOSPI opened at 4,385.92, up 76.29 points (1.77%) from the previous trading day.
In the main board, foreigners alone moved to "buy," with purchases totaling 300 billion won. Individuals and institutional investors were net sellers of 130 billion won and 170 billion won, respectively.
Among top market-cap stocks, Samsung Electronics and SK hynix are each up more than 5% and 2%, leading the index higher. LG Energy Solution (1.94%), Hyundai Motor (3.1%), and Doosan Enerbility (7.85%) are also gaining.
At the same time, the KOSDAQ was at 947.32, up 1.75 points (0.19%) from the previous trading day. The KOSDAQ opened at 948.56, up 2.99 points (0.32%) from the previous trading day.
On the KOSDAQ, individuals and institutional investors have a buying advantage of 66 billion won and 17 billion won, respectively. Foreigners alone are dumping 80 billion won worth.
Among top KOSDAQ market-cap stocks, EcoPro BM (2.15%), EcoPro (1.93%), and ABL Bio (1.59%) are rising.
In the Seoul foreign exchange market that day, the won-dollar exchange rate against the U.S. dollar was 1,446.80 won, up 0.1 won from the previous session.
On the 2nd (local time), New York stocks ended mixed. The Dow Jones Industrial Average and the large-cap focused Standard & Poor's (S&P) 500 rose 0.66% and 0.19%, respectively. The tech-heavy Nasdaq composite slipped 0.03%.
Over the weekend, the United States launched a surprise military operation against Venezuela, citing drug cartels and illegal dictatorship, arrested President Nicolás Maduro, and extradited him to the United States. It also announced that the United States would administer Venezuela for a set period, sending shock waves through the international community. The vice president of Venezuela and China strongly condemned the U.S. air strikes, fueling concerns about geopolitical tensions.
Han Ji-young, an analyst at Kiwoom Securities, said, "While geopolitical tensions are resurfacing, with China expressing condemnation, this situation should be approached from a midterm perspective, so even if oil price volatility temporarily rises, the direct impact on this week's stock market is expected to be limited."
Han added, "In the stock market, the focus will be on macro factors and corporate events that exert greater influence on market direction," noting, "The preliminary fourth-quarter results of Samsung Electronics scheduled for the 8th will likely be the first checkpoint to validate the KOSPI rally."