KOSPI, deadline in 2020 with all-time high…

[서울=뉴스핌] Lee Go-eun, reporter Kim Se-won = On the 30th, the last trading day of this year’s stock market, the KOSPI index broke the 2870 line, breaking an all-time high. The stock market, which once fell to 1439 points in March this year, has nearly doubled at the end of the year. The combined market capitalization of KOSPI and KOSDAQ exceeded 2,000 trillion won.

According to the Korea Exchange on the 30th, on this day, KOSPI finished trading at 2873.47 points, up 52.96 points (1.88%) from the previous trading day. On this day, the KOSPI started the market at 2820.51 points, down 0.15 points (0.01%) from the battlefield due to the fall of the New York Stock Market last night, but soon turned upward.

[서울=뉴스핌] Reporter Jeong Il-gu = On the 30th, the KOSPI index started at 2820.36, down 0.15 points (0.01%) from the previous trading day (2820.51). The KOSDAQ index opened at 957.38, down 0.03 points (0.00%) from the previous trading day (957.41). Dealers are working in the dealing room of Hana Bank in Jung-gu, Seoul this morning. 2020.12.30 [email protected]

By investor, individual investors net sold 492 billion won. On the other hand, foreigners and institutions raised the stock price by net buying 249 billion won and 1968 billion won respectively. By industry, electricity and electronics, construction, machinery, transportation warehouses, and chemicals rose. Non-metallic minerals, banks, and insurance sectors fell.

All of the top 10 stocks by market capitalization rose, except for Celltrion. Samsung SDI (4.49%), NAVER (3.36%), Samsung Electronics (3.45%), and SK Hitix (2.16%) showed remarkable growth. In particular, Samsung Electronics changed the reported price by soaring to 81,300 won during the week.

The KOSDAQ index closed at 968.69, an increase of 11.28 points (1.18%) compared to the previous day.

◆ The market led by individuals… Medicines/Electrical Electronics↑ Banks↓

KOSPI, which started with 2175.17 points this year, began to plunge in the aftermath of the novel coronavirus infection (Corona 19), and was pushed back to 1439.43 during the intraday in March. However, since the end of March, the rise has continued thanks to the net buying of individual investors called’Donghak ants’.

By investor, individuals net bought 47.500 trillion won, the largest ever in KOSPI this year, while foreigners and institutions net sold 24.600 trillion won and 2.5 trillion won respectively. The share of foreigners’ market capitalization decreased from 38.2% based on KOSPI to 35.7%.

By industry this year, pharmaceuticals, electronics, and service industries have risen significantly due to the economic recovery from the low of Corona 19 and the spread of non-face-to-face culture, while the financial sector has continued to decline due to low interest rates.

In the KOSPI, 15 sectors, including pharmaceuticals (91.1%), electrical and electronics (47.4%), chemicals (41.6%), and services (34.5%), declined were banks (-24.5%) and textiles (-11.9%). ) And insurance (-7.6%).

According to the Korea Exchange, the market cap of KOSPI ended at 1981 trillion won, an increase of 505 trillion won (34.2%) from 1476 trillion won at the end of the previous year. The market cap of the KOSDAQ closed at 385 trillion won, an increase of 59.8% compared to the end of the previous year (241 trillion won).

This year, the average daily trading value increased by 144.5% year-on-year, and trading volume increased by 90.2%. This is due to a sharp increase in the proportion of individual transactions due to increased liquidity in the market and expectations for an increase in the stock market.

In this year’s IPO market, the number of newly listed companies is similar, but the offering amount has increased significantly. Compared to the previous year, the number of newly listed companies decreased by one, but the size of the public offering increased by 135.7% due to the listing of large IPO companies. SK Biopharm and Big Hit were IPOs of’Daeeo’ of 900 billion won each.

◆ “I’m going to go down next year?…Vaccine anticipation Shelf Young”

Market participants are focusing their attention on whether the KOSPI will continue to rise next year. KOSPI surpassed the 2600 mark for the first time in history based on the closing price last month, and then surpassed 2700 at the beginning of this month. On this day, the closing day of the stock market, it broke through the 2870 line and wrote a new history. The KOSPI has only about 130 points left until the 3000 line.

However, experts put weight on the stock market growth next year will be limited compared to this year. This is because the anticipation for the development of the Corona 19 vaccine has already been reflected in the market, and uncertainties still remain, such as the confirmed corona 19 mutant virus.

“The most important feature of this year’s stock market is the intensive buying trend of individual investors,” said Jung Yong-taek, head of the IBK Investment & Securities Research Division. While regulation, the money that would be focused on real estate was pushed into the stock market. This environment led to the active participation of individual investors in the stock market.”

“The positive issues related to the Corona 19 vaccine were reflected in the stock market this year. Even though the vaccine was released, there is still uncertainty in the market because it is in the same phase as the Corona 19.” There is a possibility that the rise and credit risk will surface. Above all, the stock market has risen so much this year that the gap with the real economy is wide.”

[email protected]

Source