KOSPI Turns Upward During Session... SK hynix Hits Record High at 2.47 Million Won
KOSPI Rebounds After Early Decline
SK hynix Surges 4.03%
The KOSPI turned upward on the morning of June 17 after overcoming early weakness. Although foreign investors continued their selling streak, large-cap semiconductor stocks such as SK hynix hit new intraday highs, while some defense and shipbuilding stocks also showed strong performance, driving the index upward. The KOSDAQ is also up by over 1%, buoyed by robust gains in biotech stocks.
As of 1:43 p.m. on this day, the KOSPI index was trading at 8,765.05, up 38.45 points (0.44%) from the previous trading day. The KOSPI had opened at 8,622.13, down 104.4 points (1.20%), showing weakness in early trading, but later pared its losses and reversed into positive territory. While foreign investors net sold 1.1873 trillion won, individual investors supported the index with net purchases amounting to 1.075 trillion won. Institutions also switched to net buying, purchasing 147.2 billion won worth of shares.
Among the large-cap stocks, SK Square (up 5.60%), Hanwha Aerospace (up 4.99%), SK Inc. (up 4.01%), and Hanwha Ocean (up 3.56%) all posted strong gains. Notably, SK hynix (up 4.03%) set a new record high, surpassing 2,478,000 won per share. Samsung Biologics (up 2.40%), HD Hyundai Heavy Industries (up 2.22%), and LG Energy Solution (up 1.71%) also gained.
On the other hand, Hyundai Mobis (down 3.48%), Hyundai Motor (down 3.44%), and Samsung C&T (down 3.42%) weakened. KB Financial Group (down 2.73%), Shinhan Financial Group (down 2.62%), Samsung Electronics preferred shares (down 1.79%), and Samsung Electro-Mechanics (down 1.76%) also fell.
At the same time, the KOSDAQ index was at 1,031.75, up 13.07 points (1.28%) from the previous trading day. The KOSDAQ started at 1,019.88, up 1.20 points (0.12%), and steadily expanded its gains. Although foreign investors net sold 72.1 billion won, institutions and individual investors net bought 39.9 billion won and 29.7 billion won, respectively.
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Among the top KOSDAQ stocks by market capitalization, D&D Pharmatech surged by 24.13%. Biotech stocks such as ABL Bio (up 12.26%), Kolon TissueGene (up 7.99%), HLB (up 7.14%), Ligochem Bio (up 6.80%), Samchundang Pharm (up 5.28%), Peptron (up 3.87%), and Alteogen (up 3.69%) were generally strong. In contrast, some semiconductor equipment stocks, including HPSP (down 5.73%), Seojin System (down 4.58%), Doosan Tesna (down 3.39%), Eugene Technology (down 3.17%), and Jusung Engineering (down 1.99%), showed weakness.
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