On the 25th, the KOSPI index, after breaking above 6,000 for the first time ever, pushed past the 6,100 level intraday, writing a new chapter in Korea's capital markets. After opening the 5,000 era on the 5th of last month, it has lifted another 1,000 points in less than a month (18 trading days), an overwhelming rally rarely seen.
As of 11:58 a.m. that day, the KOSPI was up 2.36% (140.77 points) at 6,110.41. The index opened at 6,022.70, up 53.06 points (0.89%) from the previous day, and has been widening its gains.
The main board is being led by individuals and institutions. Individuals were net buyers of 589.8 billion won and institutions 383.9 billion won, while foreigners were net sellers of 1.0666 trillion won.
Most of the top market-cap stocks are flashing red. Samsung Electronics is up in the 3% range, SK hynix in the 2% range, and Hyundai Motor is up 9%. LG Energy Solution, SK Square, Samsung Biologics, Kia, and Doosan Enerbility are also rising in tandem, helping the index break through 6,100. However, Hanwha Aerospace, which had surged recently, is taking a breather with weakness.
At the same time, the KOSDAQ was up 2.59 points (0.22%) at 1,167.59.
The KOSDAQ market is also being led by individuals. Individuals were net buyers of 236.8 billion won, while foreigners sold a net 197.1 billion won and institutions 21.2 billion won.
Among the top KOSDAQ stocks by market cap, most are declining. EcoPro, EcoPro BM, and Rainbow Robotics are rising, while Alteogen, Sam Chun Dang Pharm, ABL Bio, Kolon TissueGene, LEENO Industrial, Caregen, and HLB are falling.