The KOSPI index jumped 3% at the opening on the 9th from the previous trading day, sending securities stocks broadly higher early in the session.
As of 9:27 a.m. that day, Daishin Securities was trading at 28,750 won, up 950 won (3.42%) from the previous trading day on the Korea Exchange main market.
At the same time, Eugene Investment & Securities and Hyundai Motor Securities were also up 3.09% and 2.79%, respectively. Kyobo Securities, Yuhwa Securities, Daol Investment & Securities, Kiwoom Securities, and Yuanta Securities Korea were likewise advancing in succession.
The broad rise in securities stocks that day is seen as reflecting investor sentiment that the previous day's downturn in the domestic stock market will not be prolonged.
Even just the previous day, securities stocks closed with steep losses. On the 8th, the securities index fell 10.39%, the biggest drop among all sectors.
The KOSPI was up more than 3% early in the session that day, showing signs of a rebound.