On the 6th, the KOSPI once again set a record high. The KOSPI index, which closed at a record high at the 4,440 level the previous day, was pushed down to the 4,400 level early in the session by profit-taking, but climbed above the 4,460 level as buying by individuals and institutions flowed in.
As of 12:07 p.m., the KOSPI index was trading at 4,466.03, up 8.51 points (0.19%) from the previous trading day. The KOSPI index, which opened at 4,446.08, widened its early decline and fell below the 4,400 level, then, helped by intraday individual and institutional buying, surpassed the 4,460 level for the first time.
In the main board, individuals and institutions bought 766.9 billion won and 120.2 billion won, respectively, lifting the market. Foreign investors, who had continued large net purchases every day over the past eight trading days except on Dec. 30, turned to net selling of 933.9 billion won on the day.
Among top KOSPI market-cap stocks, Samsung Electronics and SK hynix each fell as much as in the 3% and 2% ranges early in the session but have now pared losses to around 1%. Hyundai Motor, which had jumped more than 6% intraday on news of collaboration with Google, has given back gains and is moving around the flat line.
At the same time, the KOSDAQ index was trading at 953.18 points, down 4.32 points (0.45%) from the previous trading day. The KOSDAQ index, which opened at 959.38, is extending losses as foreigners turned to net selling of 290 billion won during the session.
Among top KOSDAQ market-cap stocks, most are falling or flat. ABL Bio (-5.8%), Rainbow Robotics (-4.83%), LigaChem Biosciences (-1.31%), Peptron (-3.49%), and Kolon TissueGene (-3.2%) are declining, while HLB and Alteogen are flat.