KOSPI surpasses 2980 in early trading... KRW-USD exchange rate in the 1,370 KRW range
Summary
- The KOSPI surpassed the 2,980 level in early trading, coming close to the 3,000 mark.
- It was reported that individual investors are showing net buying dominance in both the Korea Exchange and KOSDAQ markets.
- The KRW-USD exchange rate opened at 1,375.4 KRW, showing a downward trend compared to the previous day.
The KOSPI is gradually approaching the 3,000 mark. The KOSDAQ index is also seeing a slight rise.
As of 9:04 a.m. on the 20th, the KOSPI is pointing to 2,982.35, up 4.61 points (0.15%) from the previous day. The KOSPI started trading at 2,986.52, an increase of 8.78 points (0.29%) from the previous session. It is about 20 points away from 3,000.
In the Korea Exchange, individuals are net purchasing ₩177.9 billion on their own. Foreign investors and institutions are net selling ₩132.8 billion and ₩24.8 billion, respectively.
Among the top KOSPI shares by market capitalization, mixed trends are observed. KB Financial Group (1.12%), SK Hynix (1.02%), Samsung Biologics (0.8%), HD Hyundai Heavy Industries (0.58%), and Celltrion (0.37%) are showing upward curves. On the other hand, Doosan Enerbility (-1.8%), Samsung C&T Corporation (-1.21%), Hanwha Aerospace (-1.18%), Naver (-0.79%), Hyundai Motor Company (-0.48%), Kia Corporation (-0.31%), and LG Energy Solution (-0.17%) are declining. Samsung Electronics is showing no significant change.
The KOSDAQ is pointing to 782.97, up 0.46 points (0.06%) from the previous session. KOSDAQ opened at 783.63, up 1.12 points (0.14%), briefly turned downward, but then returned to an upward trend.
In the KOSDAQ market, individuals are also dominant buyers, purchasing ₩52 billion. Foreigners and institutions are net selling ₩41.7 billion and ₩3.2 billion, respectively, releasing their holdings.
Movements among top KOSDAQ stocks by market capitalization are also mixed. The share prices of Silicon Two (3.96%), Rainbow Robotics (2.56%), PharmaResearch (2.1%), Samchundang Pharm (1.24%), EcoPro BM (0.44%), and Hugel (0.27%) are rising. Meanwhile, Leeno Industrial (-1.38%), HLB (-1.13%), LIG Chem Bio (-1.03%), Peptron (-0.4%), and Alteogen (-0.39%) are falling.
The KRW-USD exchange rate opened at 1,375.4 KRW, down 4.8 KRW from the previous trading day.
On the 19th (local time), the New York Stock Exchange (NYSE) in the United States was closed for a day on 'Juneteenth,' commemorating emancipation from slavery. A compound word of 'June' and 'Nineteenth,' this holiday marks the day on June 19, 1865—two years after former president Abraham Lincoln issued the Emancipation Proclamation in 1863—when the last remaining slaves were freed in Texas.
Young-Ki Jin, Hankyung.com reporter young71@hankyung.com
Korea Economic Daily
hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
