KOSPI, buoyed by bargain hunting in semiconductors, 7,500line recovery
9In the morning, KOSPI 240.28points (3.32%) to surge, recording 7,487.07and rising intraday to 7,532.71. Samsung Electronics and SK hynix led the gains.
9In the morning, KOSPI 240.28points to surge, recording 7,487.07and rebounding after one day. The rebound that day showed that the downward trend that had continued for days had come to a halt.
Based on the index, this represents a rise of 3.32%, while it rose intraday at one point to 7,532.71. The intraday gain was substantial.
KOSDAQ recorded 787.26. It showed a modest rise from the previous trading day.
The index rose as bargain buying flowed into major semiconductor stocks. The performance of large-cap stocks influenced the overall market.
Samsung Electronics 4.32% higher at 289,500won. The gains among stocks with the largest market capitalizations stood out.
SK Hynix 8.43% higher at 2,251,000won. Strong movement in the semiconductor sector was observed.
The market had previously declined day after day amid concerns that semiconductors had peaked and geopolitical tensions. The rebound that day temporarily interrupted that trend.
The closing-price performance and the trading trends of foreign investors and institutions will be compiled after the market closes. The final compiled figures need to be checked when making investment decisions.
Sources: 연합인포맥스
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