The KOSPI rebounded for the second day and recovered to the 3,100 level.
On this day, the KOSPI closed at 3,138.30, up 48.09 points (1.56%) from the previous day.
It rose 0.97% the previous day to reach the 3,090 level, and then recovered to the 3,100 level on the same day.
The KOSPI continued its strength, starting at 3,119.70, up 29.49 points (0.95%) from the previous day, and rising to 3,140 during the day due to the rise of the New York Stock Exchange.
Foreigners turned to net buying (155.8 billion won) in 11 trading days, and they also net bought 363.9 billion won worth of futures.
Institutions also showed a buying advantage of 231.8 billion won, while individuals net sold 356.5 billion won.
Lee Kyung-min, a researcher at Daishin Securities, said, “The US Food and Drug Administration (FDA) officially approved Pfizer’s COVID-19 vaccine yesterday, raising expectations for a re-opening following the expansion of vaccines. The rise in domestic semiconductor stocks led the rise in the KOSPI,” he analyzed.
Samsung Electronics (3.14%) rose more than 3% on the back of institutional net buying, while SK Hynix (1.94%), Naver (1.86%) and Hyundai Motor (2.70%) also rose.
Samsung Biologics (-5.23%), which had continued to rise recently, fell, while secondary battery stocks such as LG Chem (-1.38%) and Samsung SDI (-3.51%) and Kakao Bank (-4.90%) also ended weak.
By industry, steel/metal (3.63%), transportation and warehouse (3.69%), construction (3.28%), machinery (3.05%), distribution (2.52%), electricity/electronics (2.22%), securities (2.61%), etc. While this rose more than 2%, banks (-3.83%) and pharmaceuticals (-2.53%) fell sharply.
Thanks to foreign net buying, the won/dollar exchange rate closed at 1,165.6 won per dollar, down 8.1 won from the previous day’s closing price.
Asian stocks also rose mostly.
Japan’s Nikkei and Taiwan’s Chachuan Index rose 0.87% and 0.46%, respectively.
China’s Shanghai Composite Index and Hong Kong’s Hang Seng Index rose 0.97% and 1.66% at the close of our market.
The trading volume of the stock market was 57.83 million shares, and the transaction value was 14.73 trillion won.
The KOSDAQ index rose 20.00 points (2.01%) and ended at 1,013.18, and recovered the 1,000 line in four trading days since the 18th.
The index continued its upward trend when it opened at 1,002.19, up 9.01 points (0.91%).
Foreigners net bought 88.5 billion won, driving the index up, while individuals and institutions net sold 40.5 billion won and 28.9 billion won, respectively.
The trading volume was 1.299.28 million shares, and the transaction value was 12.23 trillion won.
/yunhap news
