A board in the dealing room at the Hana Bank headquarters in Jung District, Seoul, shows the KOSPI on the 8th. /Courtesy of Yonhap News Agency

On the 8th, the KOSPI turned higher in early trading and once again set an all-time high.

As of 10:46 a.m., the KOSPI was up 64.20 points (1.41%) from the previous day at 4,615.26 in transaction.

After falling to as low as 4,527.50 points early in the session, the KOSPI rebounded sharply to 4,622.32 on the back of strong retail buying. It set a new intraday record high for the second straight day.

In the main board, individuals bought a net 613.2 billion won, while institutions and foreigners sold a net 450.8 billion won and 242.3 billion won, respectively.

Among large-cap stocks, Hanwha Aerospace is surging more than 8%, and Samsung Biologics is up more than 6%. SK hynix and HD Hyundai Heavy Industries are gaining about 5%, while SK Square (2.56%), Samsung Electronics (1.63%), and Doosan Enerbility (0.71%) are also rising. LG Energy Solution (-1.48%) and Hyundai Motor (-1.43%) are weaker.

At the same time, the KOSDAQ was down 1.10 points (0.12%) from the previous day at 946.29 in transaction. On the KOSDAQ, foreigners alone sold 161.2 billion won, while individuals and institutions bought a net 148.7 billion won and 18.4 billion won, respectively.

Among top KOSDAQ names by market cap, HLB and Rainbow Robotics are down 4.42% and 3.54%, respectively. Sam Chun Dang Pharm (-1.76%), EcoPro BM (-0.95%), and EcoPro (-0.59%) are also lower. LigaChem Biosciences (1.68%), Alteogen (1.17%), and Peptron (1.01%) are gaining.

In the Seoul foreign exchange market, the won-dollar rate stood at 1,449.7 won per $1, up 2.1 won from the previous trading day at the same time, in transaction.

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