On the 1st, the KOSPI index is surging more than 6% intraday on revived expectations for a U.S.-Iran end to the war.
As of 11:21 a.m., the KOSPI index is up 331.59 points (6.56%) from the previous day at 5,384.05. In the main board, institutional investors alone are net buying 1.5478 trillion won. Individuals and foreigners sold 1.7033 trillion won and 23.6 billion won worth of stocks, respectively.
Samsung Electronics in particular is jumping nearly 10%. Among other large-cap stocks, SK hynix is up 8.55%, Hyundai Motor (7.97%), Hanwha Aerospace (7.21%), Doosan Enerbility (6.81%), SK Square (6.22%), Kia (4.75%), and Samsung Biologics (2.53%) are also strong.
At the same time, the KOSDAQ index rose 56.16 points (5.34%) to 1,108.55. On the KOSDAQ market, foreigners and institutions are net buying 216.6 billion won and 201.7 billion won, while individuals are net selling 432.2 billion won.
Among top KOSDAQ stocks by market cap, all are rising except Sam Chun Dang Pharm (-4.95%). Rainbow Robotics, ABL Bio, and LEENO Industrial are gaining in the 7% range, while LigaChem Biosciences (5.99%), EcoPro (5.81%), Alteogen (3.81%), EcoPro BM (3.33%), Peptron (2.73%), and Kolon TissueGene (2.72%) are also climbing.
In the Seoul foreign exchange market, the won-dollar exchange rate is trading at 1,507.5 won per $1, down 9.5 won from the previous transaction day at the same time.