KOSPI 8,801.49 close, weakness in securities stocks, 829 companies expand disclosures
The KOSPI recently 8,801.49 to set a new all-time high. The securities industry failed to move in tandem, marking the first decoupling of the year, and 829 companies were included among those required to submit corporate governance reports.
The KOSPI recently 8,801.49 at the close. The index set a new all-time high. The index's upward trend was confirmed based on the report.
Securities stocks weakened over the same period. The securities industry showed signs of moving in a different direction from the KOSPI. The market referred to this as the first decoupling of the year.
Detailed trading indicators showed that the index's rise was limited. The day's trading range was confirmed based on the reported figures. There were wide differences in gains and losses among individual stocks.
The scope of governance report submissions has been fully expanded, and 829companies have been included among those subject to the requirement. The expansion of the obligation to submit these reports is a measure resulting from changes to the disclosure system. Companies are reportedly preparing the relevant documents.
Global investment bank Goldman Sachs forecast that the KOSPI could reach 1the ten-million mark2,000. This forecast is classified as a long-term outlook from an external institution. The timing of the announcement and its basis are according to the institution's explanation.
Meanwhile, reports showed that individual investors were concentrated in the KOSPI, while foreign investors bought the KOSDAQ. Differences in supply and demand by investor type were compiled on a trading-day basis. Specific trading by individual stocks can be confirmed through separate disclosure materials.