New York’s top three indexes side by side
Bitcoin’wings’… Exceeded KRW 44 million
On the 8th, KOSPI ran 120 points without stopping. On this day, KOSPI ended the market at 3,152.18, a 120.50 point (3.97%) increase from the previous day. The photo shows the dealing room at KB Kookmin Bank in Yeouido, Seoul, which finished the day. yunhap news
The KOSPI, which broke the 3000 line, crossed the 3100 line in one day. The announcement of good results of major domestic companies continued, and positive expectations from the US’Blue Wave’ (the Democratic Party’s presidential election + the seizure of the Senate and House) grew even more.
On the 8th, KOSPI closed the market at 3152.18, up 120.50 points (3.97%) from the previous day. This was the second largest increase in history since March 24 last year (127.51 points). On this day, the KOSPI started at 3040.11, an increase of 8.43 points (0.28%) from the previous day, and afterwards, foreign buying, led by Samsung Electronics, continued to increase the rise further. KOSPI soared 418.5 points (15.3%) in 10 trading days from the 23rd of last month to this day.
In this regard, Seong-soo Eun, chairman of the Financial Services Commission at the weekly business meeting, said, “This is a proof that foreign investors are also positively evaluating the Korean economy and the stock market.” We will strengthen our policy efforts so that we can enter.”
In the United States, the three major indexes of the New York Stock Market hit a record high. On the 7th (local time), the Dow Jones 30 Industrial Average of the New York Stock Exchange closed at 31041.13, up 211.73 points (0.69%) from the battlefield. The Standard & Poor’s (S&P) 500 index rose 55.65 points (1.48%) to 3803.79, and the Nasdaq index rose 326.69 points (2.56%) to 13,067.48.
Based on the closing price, the Dow index exceeded 31,000 and the Nasdaq index exceeded 13,000, respectively, for the first time. It was the first time that the S&P 500 index exceeded the 3800 line at the closing price. It was analyzed that the political uncertainty was resolved as the final verification process of the US Congress for President-elect Joe Biden’s presidential election was completed, although it seemed to be chilling by the invasion of the Congress by President Donald Trump supporters.
Researcher Kim Young-hwan of NH Investment & Securities said, “The US Democratic Party’s domination of both houses will also have a positive effect on the Korean stock market.” It is a factor to do it.”
Thanks to the warm wind from the US, Asian stock markets including Korea surged at once. According to Reuters, the Asia-Pacific Index (excluding Japan) compiled by Morgan Stanley Capital International (MSCI) rose 1.56% to the highest on the day. The Taiwanese stock market’s self-explanatory index rose 1.64%, and the Japanese stock market’s Nikkei 255 index rose 2.36%, reaching the highest level in more than 30 years.
Meanwhile, the cryptocurrency Bitcoin, which exceeded 40 million won, continued to surge on the back of the purchase of institutional investors. According to the cryptocurrency exchange Bithumb, Bitcoin surpassed 44 million won on that day. Bitcoin also surpassed 40,000 dollars in the US trading site CoinDesk for the first time.
Reporter Kim Joon-young [email protected]
[ⓒ 세계일보 & Segye.com, 무단전재 및 재배포 금지]