KOSPI Closes at 8,800 After Roller-Coaster Session, Sets New All-Time High

The KOSPI surpassed the 8,800-point mark on June 2, setting a new all-time high.

On the 2nd, the status board in the dealing room of Hana Bank in Jung-gu, Seoul, shows the KOSPI and other indexes. On that day, the KOSPI closed at 8,801.49, up 13.11 points (0.15%) from the previous trading day, while the KOSDAQ closed at 1,026.03, down 24.00 points (2.29%). Yonhap News

The KOSPI closed at 8,801.49, up 13.11 points (0.15%) from the previous session. The index opened at 8,883.19, up 94.81 points (1.08%) from the previous day, marking the first time it broke through the 8,900 level. However, it then turned downward, widening its losses to as low as 8,503.12 at one point. Subsequently, renewed buying narrowed the decline, and after fluctuating, the index rebounded to end the session on an upward trend.

Individual investors and institutions were net buyers, purchasing 6.3501 trillion won and 237.3 billion won, respectively. Foreign investors were net sellers, offloading 6.6093 trillion won. By industry, insurance (12.18%), telecommunications (6.36%), and retail (4.71%) rose, while metals (-3.86%), construction (-3.69%), and machinery & equipment (-3.69%) declined.

Among the top market cap stocks, Samsung Electronics (up 3.30%) and SK Square (up 7.17%) gained, while SK hynix (down 0.13%), Hyundai Motor (down 2.80%), and Samsung Electro-Mechanics (down 9.58%) fell.

The KOSDAQ ended the day at 1,026.03, down 24.00 points (2.29%). Individual investors were net sellers, offloading 409.7 billion won, while foreign investors and institutions were net buyers, purchasing 306.0 billion won and 129.2 billion won, respectively.

By industry, most sectors declined, including construction (down 3.16%), transportation equipment & parts (down 3.13%), chemicals (down 3.04%), transportation & warehousing (down 2.78%), and metals (down 2.70%).

Among the top market cap stocks, EcoPro BM (down 4.35%), Alteogen (down 2.46%), EcoPro (down 2.15%), and Rainbow Robotics (down 3.30%) fell, while Jusung Engineering (up 6.15%) and Kolon TissueGene (up 15.26%) rose.

This content was produced with the assistance of AI translation services.