On the 30th, the Korea Composite Stock Price Index (KOSPI) started higher despite a decline in the New York Stock Exchange.
According to the Korea Exchange, the KOSPI index launched at 3233.31, and as of 9:02 a.m., it was up 10.32 points (0.32%) at 3240.89 compared to the previous transaction day.
Foreign investors are leading the index's rise as they are engaging in purchasing it. They are net buyers of 57.1 billion won. Institutions and individuals are selling, with net sales of 30.3 billion won and 10.7 billion won, respectively.
The KOSPI index surpassed the 3230 line for the first time since August 2021, rising for five consecutive transaction days until the previous day, but the trend of foreign purchasing seems to continue.
The stock price of Samsung Electronics, the largest company by market capitalization in the securities market, continues to perform strongly on this day, supported by net purchases from foreign investors. It is up more than 1.7%. SK hynix's stock price is also strong.
While the three major indices on the New York Stock Exchange closed lower due to caution ahead of the Federal Reserve's interest rate decision announced on the 30th, the KOSPI index appears to move differently.
In addition to Samsung Electronics and SK hynix, the stock prices of most of the top market capitalization companies on the KOSPI, including Samsung Biologics, Hyundai Motor, KB Financial, and Kia, have turned red.
At the same time, the KOSDAQ index recorded 806.49, up 2.04 points (0.25%) from the previous transaction day. Foreign investors and institutions are net selling, but individuals are net buyers of 20.9 billion won, leading the index's rise.
The stock prices of KOSDAQ market capitalization leaders are mixed. Stocks of Alteogen, ECOPRO BM, and Peptron are rising, while those of HLB, PharmaResearch, and Sam Chun Dang Pharm are declining.
Meanwhile, in the Seoul foreign exchange market, the won-dollar exchange rate has risen by 0.60 won (0.04%) to 1389.70 won compared to the previous transaction day.