KOSPI rose slightly on the 22nd and closed at 9,100. It is the highest based on the closing price.
According to the Korea Exchange, on this day, KOSPI closed at 9,114.55, up 62.13 points (0.69%) from the previous trading day.
This is the first time that the closing price exceeded the 9,100 mark.
The index started at 8,954.43, down 97.99 points (1.08%) from the previous day, and then fluctuated repeatedly before closing higher.
In terms of supply and demand, the entity that drove the index was individual investors.
Individuals made a net purchase of 2.1217 trillion won in the stock market, and institutions also showed a buying advantage of 330.5 billion won.
On the other hand, foreigners sold net 2.5453 trillion won. The size of net selling by foreigners increased somewhat.
However, foreigners made a net purchase of 89 billion won in the KOSPI 200 futures market.
As of 3:30 p.m. on this day, the won-to-dollar exchange rate in the Seoul foreign exchange market was 1,537.0 won, up 10.0 won from the previous trading day.
KOSPI started lower on foreign media reports that negotiations to implement the previous memorandum of understanding (MOU) between the United States and Iran were experiencing difficulties, but rebounded during the day as news broke that there was progress in negotiations.
Although it fluctuated briefly in the afternoon, trading ended with an upward trend thanks to individual buying power.
At the first high-level meeting held in Switzerland, the United States and Iran agreed to establish a dispute management system related to the Strait of Hormuz and Lebanon, along with a roadmap aimed at reaching a final agreement within the next 60 days.
In addition, it was decided to continue working-level talks this week in the form of joint meetings with the arbitrator.
In addition, the Korea Customs Service announced that semiconductor exports from June 1 to 20 increased 188.4% compared to the same period last year, stimulating semiconductor investment sentiment.
Due to this influence, SK Hynix [000660] stock price rose 5.61% to 2,919,000 won, putting it on the verge of reaching 3 million won.
In particular, in the case of SK Hynix, buying pressure appears to have been driven by some reports that the announcement of the results of the U.S. Securities and Exchange Commission's (SEC) review regarding the listing of American stock depository receipts (ADRs) is imminent.
On the other hand, Samsung Electronics [005930] common stock fell 0.14%.
As stock prices fluctuated, the market capitalizations of SK Hynix and Samsung Electronics based on common stock reversed to 208 billion won and 206.7 billion won, respectively.
However, considering the market capitalization of preferred stock Samsung Electronics Co. [005935] (KRW 180 trillion), Samsung Electronics' market capitalization is ahead of SK Hynix.
Regarding this, Lee Jae-man, a researcher at Hana Securities, said, "We believe this is one of the short-term overheating signals that can occur in a bull market," and pointed out, "Based on the profit scale and growth rate forecast for the second quarter, Samsung Electronics is larger and higher than SK Hynix, so for the KOSPI to rise further in the future, the speed of Samsung Electronics' stock price rise must be faster."
As SK Hynix's stock price rose, SK Square [402340], which holds a stake, also rose 10.67% to 1.97 million won, counting down to surpassing 2 million won.
In addition, among top stocks by market cap, Samsung C&T [028260] (5.80%) and Hanwha Aerospace [012450] (0.27%) rose, but Samsung Electro-Mechanics [009150] (-1.85%), Hyundai Motor Company [005380] (-5.22%), and LG Energy Solution [373220] (-4.70%) fell.
By industry, medical/precision equipment (3.01%), distribution (2.30%), and electricity/electronics (2.02%) rose, while insurance (-7.61%), transportation/warehousing (-4.70%), and transportation equipment/parts (-4.29%) fell.
Among the KOSPI constituents, 148 rose and 742 fell. 28 were flat.
The KOSDAQ index ended trading at 968.40, up 1.81 points (0.19%) from the previous trading day.
The index started at 957.49, down 9.10 points (0.94%) from the previous day, and took a turn upward at one point, but was mostly weak.
Then, just before the market closed, it succeeded in a rebound and closed slightly higher.
In the KOSDAQ market, foreigners and institutions made net purchases of KRW 306.8 billion and KRW 149.2 billion, respectively, while individuals net sold KRW 462.2 billion.
Among the top stocks by market capitalization, semiconductor equipment stocks such as Jusung Engineering [036930] (2.49%), Wonik IPS [240810] (10.58%), and Fado [440110] (14.30%) rose mainly, while Alteogen [196170] (-0.85%) Ecopro BM [247540] (-1.59%) and Ecopro [086520] (-1.29%) fell.
In the KOSDAQ market, the number of stocks that rose was 383 and the number of stocks that fell was 1,297. 53 are flat.
On this day, the trading volume in the stock market and KOSDAQ market was calculated to be 41.847 trillion won and 9.079 trillion won, respectively.
The total trading volume of the free market and main market of Nexttrade, an alternative exchange, is 27.5439 trillion won.
