K Premium Era… First closing price of 3000 thanks to KOSPI

Photo = Getty Image Bank

Photo = Getty Image Bank

The KOSPI index exceeded the 3000 line based on the closing price, opening the era of’Korea Premium’ in earnest.

On the 7th, the KOSPI index closed at 3031.68, up 63.47 points (2.14%) from the previous day.

In one day after the index broke through the intraday 3,000 line for the first time in history the previous day, the closing price also exceeded the 3,000 line. It is an evaluation that it has overcome the undervalued’Korea Discount’ under the stigma of’Boxpi’ and opened the era of’Korea Premium’.

Hee-jong Jang, a researcher at Hi Investment & Securities, said, “The global economic recovery will support the bullish stock market.”

He then emphasized, “A selective approach is necessary,” and “Please pay attention to eco-friendly beneficiaries, economically sensitive stocks, and small and mid-cap stocks, which are expected to be relatively strong.”

The foreign agency cried out a companion lion. Each net purchase was 109.2 billion won and 1.258 billion won. Among the institutions, financial investors led the buying trend with more than 1.6 trillion won in stock shopping. Individuals sold after 4 trading days, showing an advantage in selling 1,173.7 billion won.

Photo = Getty Image Bank

Photo = Getty Image Bank

Excluding the electricity and gas industry, all industries rose 2 to 3 percent, while the chemical, steel, metal, and metal transport equipment, distribution, and transportation and warehouses rose 2 to 3 percent, while the telecommunications and financial sectors surged 4 to 5 percent.

Among the financial sectors, insurance stocks were rising. This is because interest rates in US Treasury bonds have risen due to the realization of the Blue Wave and the Joe Biden administration’s money-releasing policy. The 10-year US Treasury bond yield has exceeded 1%.

If interest rates rise, it is a good thing for insurance stocks. In particular, due to the influence of the stock price so far, there was a significant increase on this day. Hanwha Life Insurance(3,360 +26.55%)And Dongxiang Life’s life rose to 17%. Hanwha Insurance(3,880 +7.78%)Rose by 8% and Heungkuk Fire & Marine Insurance(2,995 +5.83%) Lotte Insurance(1,825 +4.29%) Samsung Life Insurance(80,600 +4.13%) The back showed a 4-5% strength.

LG Chem among top stocks by market capitalization(962,000 +8.09%) Hyundai Mobis(304,500 +7.41%)Surged 7-8%. Samsung C&T(145,000 +3.94%) POSCO(291,000 +3.93%)Rose close to 4%. LG Electronics(150,000 +9.09%)Surpassed the 150,000 won range and wrote a new report. The news of the acquisition of the US data analysis company’Alfonso’ was a good news, showing a 9% rise.

The KOSDAQ index also rose. It ended at 988.86, up 7.47 points (0.76%) from the previous day.

Individual foreigners net bought 2228 billion won and 1.8 billion won, respectively. The institution net sold 1996 billion won.

Celltrion Healthcare(154,700 +2.93%)Rose close to 3%. Seegene(190,000 +2.37%) Eco Pro BM(185,600 +1.48%) KM Double U(80,600 +1.38%) The light also rose by 1-2%.

The won-dollar exchange rate in Seoul’s foreign exchange market ended at 1087.30, up 1.7 won from the previous day.

Chae Seon-hee, Hankyung.com reporter [email protected]

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