On the 19th, the KOSPI index crossed the 5,670 level intraday, renewing its all-time record high again. The KOSDAQ index surged more than 4%, triggering a "buy sidecar" that suspends the effectiveness of program buy quotes for five minutes.
As of 11:45 a.m., the KOSPI index was trading at 5,664.82, up 157.81 points (2.87%) from the previous day. The KOSPI climbed as high as 5,673.11 intraday, setting a new record high.
In the main board, institutions and individuals are net buying 697.2 billion won and 112.8 billion won, respectively. Foreign investors sold 837.8 billion won worth.
Large-cap stocks are rising across the board. HD Hyundai Heavy Industries jumped more than 6%, and Samsung Electronics is strong, up more than 4%. SK Square (3.41%), Kia (3.05%), Doosan Enerbility (2.48%), Samsung Biologics (2.28%), SK hynix (1.93%), and LG Energy Solution (1.39%) are also gaining. In contrast, KB Financial slipped a modest 0.77%.
At the same time, the KOSDAQ index rose 47.09 points (4.26%) from the previous day to 1,153.17.
As KOSDAQ150 futures and cash indices surged more than 6% intraday, a buy sidecar was triggered in the KOSDAQ market. Program net buying at the time reached 347.2 billion won. The KOSDAQ buy sidecar came after 15 trading days since on the 26th of last month and is the second this year.
In the KOSDAQ market, foreign investors and institutions are buying 635.9 billion won and 535.9 billion won worth of stocks, respectively. Only individuals were net sellers of 1.1459 trillion won.
Among top KOSDAQ market-cap stocks, EcoPro, Sam Chun Dang Pharm, and Peptron are strong, up more than 10%. EcoPro BM (8.36%), Rainbow Robotics (6.72%), Alteogen (6.28%), ABL Bio (5.15%), HLB (4.11%), Kolon TissueGene (2.68%), and LEENO Industrial (1.54%) are also rising.
In the Seoul foreign exchange market, the won-dollar exchange rate was trading at 1,450.8 won per dollar at the same time, up 6.2 won from the previous trading day.