Buoyed by buying from institutions and foreign investors, the KOSPI index broke through the 6,700 level during morning trading on the 28th. It set another record high just one day after surpassing 6,600 points.

On the 28th, as the KOSPI opens higher and hits an intraday record high, the KOSPI index is displayed on the dealing room board at the Seoul headquarters of Hana Bank. /Courtesy of News1

As of 10:40 a.m. that day, the KOSPI index was up 1.42% (93.99 points) from the previous day at 6,709.02. The KOSPI started the session at 6,646.80, up 31.77 points (0.48%) from the previous day, and widened its gains.

The main board is being led by foreign investors and institutions, which have turned to net buying. While individuals are net sellers of 788.3 billion won, foreign investors and institutions are net buyers of 110.4 billion won and 720.2 billion won, respectively.

Most of the top market-cap stocks on the main board are rising. Hyundai Motor and SK Square are particularly showing gains in the 8% and 6% ranges, respectively. Samsung Electronics, SK hynix, LG Energy Solution, and Samsung Biologics are climbing, while Doosan Enerbility, Hanwha Aerospace, and HD Hyundai Heavy Industries are falling.

At the same time, the KOSDAQ index was down 0.77% (9.49 points) from the previous session at 1,216.69.

The KOSDAQ market is being led by individual investors. While individuals are net buyers of 511.3 billion won, foreign investors are net sellers of 447.1 billion won and institutions are net sellers of 60.4 billion won.

Top market-cap stocks on the KOSDAQ are mixed. With EcoPro, EcoPro BM, Kolon TissueGene, LEENO Industrial, and HLB rising, Alteogen, Sam Chun Dang Pharm, ABL Bio, and LigaChem Biosciences are falling.

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