Input 2021.01.07 16:26 | Revision 2021.01.07 16:28
The KOSPI index ended at 3031.68, up 63.47 points (2.14%) compared to the previous trading day. At one time during the week, it climbed to 3055.28 and crossed the 3050 line.
On this day, institutions and foreigners led the index. In particular, the institution net bought 1.25 trillion won. The agency that lowered the KOSPI index of 3,000 by net selling 1,3742 trillion won the previous day, on the contrary, showed a net purchase of over 1 trillion won. Foreigners net bought 109.2 billion won. On the other hand, individuals who net bought more than 2 trillion won the previous day started to realize profits on this day. Individuals net sold 1.17 trillion won.
‘Blue Wave’ from the US on this day led the KOSPI index to rise. As a result of the Georgia Senate runoff vote, two Democratic Party candidates were elected, making it a so-called Blue Wave, where the Democratic Party dominated the administration and even the Senate and House Congress.
The mayor is expected to see stronger fiscal stimulus in line with the Democratic Party’s opinion due to the Blue Wave. On the other hand, the possibility of a monopoly regulation led by the Democratic Party and an increase in corporate tax will be a burden on the stock market.
Lee Kyung-min, a researcher at Daishin Securities, analyzed, “Amid the expectation that the US Joe Biden administration will increase fiscal stimulus due to Blue Wave, economic sensitive industries have risen due to the recent rise in interest rates and raw material prices.” Seo Sang-young, a researcher at Kiwoom Securities, said, “The market is currently
It is showing a change by focusing on the expectations of the company and performance.”
In particular, the so-called’car war rally’ led by automobiles, chemistry and electricity (car warfare) made it possible to achieve three thousand p. Researcher Lee said, “Semiconductors, rechargeable batteries, and large-sized automobile stocks with high expectations for earnings this year led the stock market rise on this day.”
The electric car rally LG Electronics (066570)On the news of acquiring big data company Alfonso on the same day, it rose 9.09%, breaking the reported 52-week price again. Banks and financial stocks also rose. Hanwha Life Insurance (088350)and Hana Financial Group (086790)Rose 26.5% and 5.90%, respectively.
On this day, the KOSDAQ index also closed higher. The KOSDAQ index recorded 988.86, up 7.47 points (0.76%) compared to the previous trading day. Individuals and foreigners net bought 2229 billion won and 1.7 billion won, respectively. The institution net sold 1997 billion won.