With expectations rising for an end to the war between the United States and Iran, the KOSPI reclaimed the 6,200 level during trading on the 16th on buying by foreign and institutional investors.
As of 12:16 p.m. that day, the KOSPI was at 6,212.35, up 120.96 points (1.99%) from the previous day. In the main board, institutions and foreign investors were net buyers of 971 billion won and 163.9 billion won, respectively. Only individuals sold 1.3091 trillion won.
Among large-cap stocks, Doosan Enerbility and Hyundai Motor were surging 7% and 6%, respectively. Kia (4.62%), Samsung Electronics (2.84%), SK hynix (1.58%), SK Square (1.65%), LG Energy Solution (1.35%), Hanwha Aerospace (0.66%), and Samsung Biologics (0.31%) were also rising.
At the same time, the KOSDAQ was trading at 1,166.72, up 14.29 points (1.24%) from the previous day. On the KOSDAQ market, individuals and institutions were buying 339.2 billion won and 14.8 billion won worth of shares, respectively. Only foreigners were net sellers of 322.9 billion won.
Among top KOSDAQ caps, Kolon TissueGene (2.77%), LigaChem Biosciences (2.49%), EcoPro BM (1.23%), EcoPro (1.15%), Rainbow Robotics (1.15%), LEENO Industrial (1.06%), and ABL Bio (0.79%) were gaining. In contrast, HLB (-6.74%), Sam Chun Dang Pharm (-5.77%), and Alteogen (-0.40%) were falling.
In the Seoul foreign exchange market, the won-dollar rate was trading at 1,468.3 won per $1 at the same time, down 7.2 won from the previous transaction day.