​[개장시황] Kospi breaks high in US stock market and rises 1% in individual purchases

The KOSPI is showing an uptrend in the US stock market and individual investors’ net buying, which broke an all-time high.

According to the Korea Exchange on the 8th, as of 9:04 am, the KOSPI is recording 3068.89, up 37.21 points (1.23%) from the previous trading day. KOSPI started trading at 3040.11, up 8.43 points (0.28%) from the previous day.

The closing of the US stock market and net buying by individual investors are affecting the KOSPI rise. The US stock market hit an all-time high on parliamentary president-elect Joe Biden’s final certification and good economic indicators. On the 7th (local time), the Dow Jones 30 industrial average index closed at 31,041.13, up 211.73 points (0.69%) from the previous trading day. The Standard & Poor’s (S&P) 500 index rose 55.65 points (1.48%) to 3803.79, and the NASDAQ index rose 326.69 points (2.56%) to 13,067.48 respectively. This is the first time that the Dow and Nasdaq indices have crossed the 31,000 and 13,000 lines, respectively. The S&P500 index also broke through the 3800 line based on the closing price for the first time.

In addition, the domestic current account has been surplus for 7 consecutive months. According to preliminary statistics on international balance released by the Bank of Korea on this day, the current account in November of last year was recorded as a surplus of $8.97 billion (about 9.79 trillion KRW). This is an increase of 50.3% from $5.97 billion in November 2019, and it is a trend for seven consecutive months since last five months.

By KOSPI investor, individuals are net buying 277 billion won, institutions are selling 2177 billion won, and foreigners net selling 66.7 billion won.

By industry, transportation equipment is rising by 7.94%, while chemicals (2.03%), manufacturing (1.91%), securities (1.64%), and machinery (1.41%) are also on the rise. On the other hand, the telecommunications industry fell by 0.34%.

Of the top 10 stocks by market capitalization, all stocks are on the rise. Hyundai Mobis is on the rise by 13.79%, and Hyundai Motor is on a 10.19% rise. In addition, Samsung Electronics (1.45%), SK Hynix (1.12%), LG Chem (2.91%), Samsung Biologics (0.24%), Samsung SDI (1.86%), Celltrion (0.42%), NAVER (1.38%), Kakao (1.99%) is also rising.

The KOSDAQ index is recording 991.75, up 2.89 points (0.29%) from the previous day. The KOSDAQ index began trading at 990.70, up 1.84 points (0.19%) from the previous trading day.

By investor, individuals are net buying 80.9 billion won, while foreigners are net selling 64 billion won and institutions 13.9 billion won.

Among the top 10 stocks in the market cap, Ecopro BM rose by 4.85%. In addition, Celltrion Healthcare (0.52%), Alteogen (0.78%), and CJ ENM (3.39%) are also on the rise. On the other hand, SK Materials is down 0.97%. Celltrion Pharmaceutical (-0.09%), HLB (-0.41%), Seegene (-0.11%), Kakao Games (-0.33%), and Pearl Abyss (-0.75%) are also falling.