The U.S. Federal Reserve has raised interest rates and hinted at the possibility of further increases this year, yet the KOSPI continues to rise. Despite a broad decline in the New York stock market overnight, buying interest in major stocks, including semiconductor companies like Samsung Electronics, has kept the index fluctuating around the 6,770 mark.
As of 1:41 p.m. on September 17, the KOSPI was up 55.16 points (0.82%) at 6,773.13. The index opened at 6,779.02, up 61.05 points (0.91%) from the previous close, and has been trading around the 6,770 level.
In the securities market, individual and institutional investors have made net purchases of 96.1 billion won and 245 billion won, respectively, driving the index higher. Foreign investors, however, have sold a net 37.1 billion won.
Among the top market capitalization stocks, movements have been mixed. Samsung Electronics rose by 0.79%, SK Hynix by 0.23%, Hyundai Motor by 0.28%, KB Financial by 1.36%, and Samsung C&T by 0.99%. Conversely, Samsung Electro-Mechanics fell by 1.74%, LG Energy Solution by 0.27%, and Samsung Biologics by 1.06%.
The KOSDAQ index also showed an upward trend. At the same time, the KOSDAQ index was up 8.27 points (1.01%) at 824.25. It started at 820.16, up 4.18 points (0.51%) from the previous session, and has since expanded its gains.
In the KOSDAQ market, individual and institutional investors have made net purchases of 6.6 billion won and 20.9 billion won, respectively, while foreign investors have sold a net 38.1 billion won.
Among the top KOSDAQ stocks, Alteogen fell by 0.39%, EcoPro BM by 0.29%, Wonik IPS by 0.34%, and Simtek by 0.88%. In contrast, EcoPro rose by 0.73%, JUSUNG Engineering by 1.73%, Rainbow Robotics by 1.89%, IOTech by 0.96%, and Rino Technology by 2.12%, while Roboteers increased by 1.29%.
* This article has been translated by AI.
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