Deadline for net purchase of foreigners and institutions 1000.65
20 years and 7 months after the IT stock boom
The KOSDAQ index exceeded the 1000 line for the first time since 2000. On the 12th, the KOSDAQ index ended at 1000.65, up 11.26 points (1.14%) from the battlefield.
It has been 20 years and 7 months since September 14, 2000 (1020.70), when the information technology (IT) main boom occurred that the KOSDAQ index exceeded the 1000 line based on the closing price.
On an intraday basis, it has crossed the 1,000 line again in two months since January 27 this year. The KOSDAQ index was close to the 3000 line in March 2000 at the time of the’dot-com bubble’, but the bubble collapsed and plunged to the 500 line in December of the following year. Since then, the KOSDAQ index, which has not recovered to the 1000 line, has fallen to the 200 level in October 2008 during the global financial crisis.
The KOSDAQ index, which plunged to the early 400s in March last year due to the shock of the Corona 19 crisis, rose to a level that rebounded 158% from the year-round low at the end of last year thanks to the strength of the material sector such as the bio sector and rechargeable batteries.
As of this day, the market capitalization of the KOSDAQ market reached an all-time high of 411 trillion won. The market capitalization of the KOSDAQ market increased from 29 trillion won at the end of 2000 to 98 trillion won at the end of 2010, 10 years later, and increased to 385 trillion won at the end of 2020, 10 years later.
An official from the Korea Exchange said, “The fact that the KOSDAQ index exceeded the 1,000 mark in 20 years after the dot-com bubble in 2000 means that it is achieving substantial growth accompanied by the growth of listed companies through efforts to improve the market constitution.” .
On this day, in the KOSDAQ market, foreigners bought 36.2 billion won and institutions netted 100 million won. Individuals net sold 19.5 billion won. The volume of transactions in the KOSDAQ market was 1.85.56 billion shares, and the transaction value was 11,655.9 billion won.
/yunhap news
Copyright holder © Gyeongnam Domin Daily Unauthorized reproduction and redistribution prohibited