The KOSPI index has surpassed the 7400 mark, driven by significant foreign buying.
According to the Korea Exchange, as of 1:26 PM on July 15, the KOSPI rose by 547.69 points (7.99%) to reach 7404.52. Foreign investors have net purchased 2.2381 trillion won, while institutional investors have also net bought 504.7 billion won. In contrast, individual investors have net sold 2.677 trillion won, taking profits.
All major stocks in the KOSPI are showing strong gains. SK Square surged by over 20% (20.59%), while Samsung Electro-Mechanics (13.49%) and SK Hynix (13.02%) also rose by more than 10%. Other notable gainers include Samsung Life (7.73%), Samsung Electronics preferred shares (7.71%), Samsung Electronics (7.60%), LG Energy Solution (3.73%), Hyundai Motor (2.71%), Samsung Biologics (2.27%), and KB Financial (1.78%).
The KOSDAQ index is also performing well, up 43.85 points (5.59%) to 827.83. In the KOSDAQ market, foreign and institutional investors have net purchased 37.2 billion won and 28.6 billion won, respectively, while individual investors have net sold 74 billion won.
Most of the top stocks in the KOSDAQ are experiencing gains as well. Wonik IPS (12.82%), JUSUNG Engineering (11.11%), Kolon TissueGene (8.92%), EcoPro (7.96%), EcoPro BM (7.46%), IoTech (7.42%), Rainbow Robotics (6.87%), and Rino Technology (6.16%) are all showing strong performance. Alteogen (0.18%) is also slightly up, while PSK (-1.23%) is experiencing a decline.
* This article has been translated by AI.
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