![[경제]KOSPI, 2.61% rebound… close to 3,100 line | YTN](https://image.ytn.co.kr/general/jpg/2021/0119/202101191643118907_t.jpg "[경제]KOSPI, 2.61% rebound… close to 3,100 line | YTN")
Inflow of rebound buying tax due to plunge for two consecutive days
Institutional change in eight trading days… Foreigners also buy net
Automotive, semiconductor, and steel sectors led the recent decline
[앵커]
The Kospi, which fell more than 2.3% yesterday and nearly collapsed at the 3,000 line, has rebounded more than that today and is closer to the 3,100 line.
As the institution turned to net purchase after eight trading days, Samsung Group shares, which declined in line with the news of Samsung Electronics’ legal restraint yesterday by Jae-yong Lee, vice chairman of Samsung Electronics, rose today, leading to a sharp rebound in the KOSPI.
Connect with reporters covering. Reporter Jongsoo Lee!
The KOSPI climbed more than yesterday’s fall, putting a re-entry to the 3,100 line right in front of you, right?
[기자]
The KOSPI rebounded in three days, rising 78.73 points and 2.61% from yesterday.
It closed the deal with 3,092.66 and came close to the 3,100 line.
The KOSDAQ closed the market at 957.75, up 13.08 points and 1.38% from the previous day.
[앵커]
What is the reason for such a sudden rebound?
[기자]
As the KOSPI index plunged more than 2% for the second consecutive trading day, the backlash buying trend began to rebound.
In particular, institutions that had a selling advantage for 7 consecutive trading days turned to net buying today, buying nearly 600 billion won.
Foreigners also stopped selling and bought more than 400 billion won.
Individuals sold more than 1.2 trillion won, but they turned to sell after 7 trading days, limiting the rise of today.
The auto, semiconductor, and steel sectors, which led the recent decline, showed strong strength as the backlash buying trend rushes.
Samsung-related subsidiaries Samsung Electronics, Samsung C&T, and Samsung Life all closed higher yesterday due to the news of Samsung Electronics vice chairman Lee Jae-yong’s legal arrest.
Samsung Electronics, which was the chief owner of the KOSPI, rose 2.35% to close at 87,000 won, while Samsung C&T and Samsung Life ended their trade at 144,000 won, up 0.7% and 79,000 won, up 1.4%, respectively.
Stock market analysts analyzed that the anticipation that US President-elect Joe Biden’s early finance minister Janet Yellen would comment on massive stimulus measures at a hearing also had a positive impact on investor sentiment recovery.
YTN Jongsoo Lee[[email protected]]is.
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