▲ An employee works at the Hana Bank dealing room in Jung-gu, Seoul, on the 16th, as the KOSPI continues its upward trend to close in the low 8,700 range.
The KOSPI continued its upward trend today (June 16), closing in the low 8,700 range.
The KOSPI finished the trading session at 8,726.60, up 180.62 points (2.11%).
This marks the fourth consecutive trading day of gains.
The index opened at 8,696.55, up 150.57 points (1.76%), and climbed as high as 8,753.82 (2.43%).
However, it briefly turned downward after 10:00 a.m., falling to as low as 8,540.41 (-0.07%).
In the KOSPI market, foreign investors net bought 1.5329 trillion won, continuing their buying streak for the third consecutive day.
Institutions also helped drive the index higher, with a net purchase of 705.7 billion won.
Individual investors increased their selling, offloading 2.1849 trillion won worth of shares.
In the KOSPI 200 futures market, foreign and individual investors net bought 439.1 billion won and 132.9 billion won, respectively, while institutions net sold 574.4 billion won.
The total market capitalization of the KOSPI reached 7,141.2264 trillion won, reclaiming the 7,000 trillion won mark for the first time in nine trading days since the 4th.
Today, 519 stocks rose, outnumbering the 360 that fell.
Samsung Electronics and SK Hynix rose by 1.78% and 4.11%, respectively.
Samsung Electronics' market capitalization reclaimed the 2,000 trillion won level for the first time since the 4th, recording 2,005.2735 trillion won.
SK Hynix briefly surpassed 2.4 million won during the morning session before closing at 2.382 million won.
The total market capitalization of the SK Group surpassed 2,000 trillion won.
Department store stocks rose across the board, including Hyundai Department Store (8.30%), Shinsegae (8.79%), and Lotte Shopping (6.28%), amid growing expectations that the recent increase in sales driven by foreign tourists will continue.
By sector, construction (7.03%), which includes many stocks related to the reconstruction of Iran, saw the highest growth.
This was followed by metals (4.90%), finance (2.71%), and electrical and electronics (2.41%).
(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.