KOSDAQ breakthrough in 20 years… Early decline in the KOSPI market

KOSPI starts at 3203.96, down 0.16% from the previous day
KOSDAQ announces 1000 line in about 20 years since September 2000

(Photo = Getty Image Bank)

(Photo = Getty Image Bank)

The KOSPI index fell below the 3200 line, showing a decline in the early market. On the other hand, the KOSDAQ has reached the 1000th mark after 20 years.

As of 9:11 am on the 26th, the KOSPI index is trading at 3197.92, down 11.07 points (0.34%) from the previous day. On this day, the index fell 5.03 points (0.16%) compared to the previous trading day, starting at 3203.96 and continuing the downward trend.

In the New York Stock Market last night, major indexes ended mixed in a fierce trading battle ahead of major companies’ earnings announcements.

The Dow Jones 30 Industrial Average closed at 30,960.00, down 36.98 points (0.12%) from the battlefield. The Standard & Poor’s (S&P) 500 index increased 13.89 points (0.36%) from the battlefield to 3855.36, while the NASDAQ index closed at 13,635.99, up 92.93 points (0.69%).

Amid concerns over a disruption in the supply of vaccines for the novel coronavirus infection (Corona 19), technology stocks have stood out. The market leader led by Nasdaq continued on this day as relatively sensitive stocks were marginalized.

In particular, there was great volatility in the struggle between organizations and individuals. The Dow index fell by more than 400 points during the day, while the S&P500 once fell 1.15% and the Nasdaq 1.29%.

Seo Sang-young, a researcher at Kiwoom Securities, said, “The delay in vaccination and the variant coronavirus will be a burden on contact-related stocks in that it increases the likelihood of a slowdown in economic recovery, contrary to market expectations.”

In the securities market, foreigners and institutions are net selling 1347 billion won and 243.3 billion won respectively. Individuals have the advantage of buying 3805 billion won.

Stocks with the top market capitalization are showing mixed taxation. SK Hynix is ​​falling more than 2%, while Naver, Kakao, and Kia Motors are falling by 1% each. On the other hand, Samsung Biologics and Celltrion are showing a 4% increase.

The KOSDAQ index exceeded the 1000 mark in 20 years after September 2000. At the same time, the KOSDAQ index is trading at 1002.48, up 3.18 points (0.32%) from the previous day. The index started at 1000.0, up 0.70 points (0.07%) compared to the previous trading day.

Individuals are net buying 100 billion won. Foreigners and institutions have the advantage in selling 71.9 billion won and 25.9 billion won, respectively.

In the Seoul foreign exchange market, the won-dollar exchange rate as of 9:9 am is trading at 1101.8 won, up 1.1 won from the previous trading day.

[email protected], reporter Eunji Cha

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