On the 11th, the Korea Composite Stock Price Index (KOSPI) opened higher, hitting a new high following a rise in the U.S. stock markets overnight.

As of 9:10 a.m. on the same day, the KOSPI index recorded 3,210.04, up 26.81 points (0.84%) from the previous day. This is the first time the KOSPI has surpassed the 3,200 level since Sept. 6, 2021 (intraday high of 3,206.25), about 3 years and 10 months ago.

On the morning of the 11th, the KOSPI and the won-dollar exchange rate are displayed in the dealing room of Hana Bank in Jung-gu, Seoul. /Courtesy of News1

In the securities market, individuals are leading the index's rise, buying 159.2 billion won worth of stocks. Institutions and foreigners are selling a net 86.2 billion won and 51.2 billion won, respectively.

Among the top market capitalization items, SK hynix and KB Financial are strong with gains of over 1%. Hyundai Motor (0.96%), Samsung Electronics preferred shares (0.89%), Samsung Electronics (0.82%), Kia (0.80%), and Doosan Enerbility (0.48%) are also rising. On the other hand, Samsung Biologics (-0.83%), NAVER (-0.58%), and LG Energy Solution (-0.16%) are experiencing slight declines.

At the same time, the KOSDAQ index is trading at 805.90, up 8.20 points (1.03%) from the previous day. The KOSDAQ index started trading at 799.96, up 0.28%, and then crossed the 800 mark. This is the first time since the 24th of last month, after 13 trading days.

In the KOSDAQ market, foreigners and institutions are net buying 25.2 billion won and 300 million won, while individuals are net selling 16 billion won.

Most of the top market cap stocks in the KOSDAQ are also rising. Ecopro BM, Ecopro, PharmaResearch, and HUGEL are up more than 2%, while CLASSYS (0.85%) and HLB (0.59%) are also increasing. In contrast, LigaChem Biosciences (-2.54%), Peptron (-2.54%), Rainbow Robotics (-0.37%), and Alteogen (-0.11%) are on the decline.

On the same day, the won-dollar exchange rate in the Seoul foreign exchange market started trading at 1,372.3 won, up 2.3 won from the previous day.

Overnight, the U.S. stock market maintained its upward trend despite threats of high tariffs from the Donald Trump administration. President Trump announced that tariffs on imports from Brazil would increase to 50% starting from next month, and Brazil responded by announcing a plan to impose a matching 50% tariff. However, it had little impact on investor sentiment.

On the New York Stock Exchange, the Dow Jones Industrial Average closed at 44,650.64, up 0.43% from the previous trading day. The Standard & Poor's (S&P) 500 index closed up 0.27% at 6,280.46, and the NASDAQ index recorded a rise of 0.09%, finishing at 26,630.67.

On the same day, shares of Nvidia, the leading company in AI chips, rose 0.75%, with its market capitalization exceeding $4 trillion (approximately 549 trillion won) for the first time based on closing price. Delta Air Lines saw a staggering 11.99% surge as its third-quarter and annual performance guidance exceeded market expectations. Although Wall Street had forecasted a slowdown in economic growth due to tariff impacts, leading to weakened airline demand, this announcement from Delta significantly improved investor sentiment.

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