The KOSPI continued its impressive streak, setting new record highs in consecutive trading sessions.
As of 9:21 a.m. on Friday, the KOSPI has climbed 24.90 points (0.74%) to reach 3,369.10.
The index opened at 3,374.65, up 30.45 points (0.91%) from the previous close. This marked the third straight day of record-breaking performance since it first reached an all-time high on the Wednesday.
In the main stock market, foreign investors remained bullish, purchasing a net 305.8 billion KRW (approximately 219 million USD) worth of stocks and extending their buying spree to five consecutive days. Institutional investors also showed confidence with net purchases of 87.7 billion KRW (approximately 62.9 million USD). In contrast, retail investors took profits by offloading 365.1 billion KRW (approximately 262 million USD) in shares.
Top market-cap companies were showing strong performance, with Samsung Electronics up 1.63% and SK Hynix surging 4.23%. Samsung SDI and LG Chem also posted gains exceeding 1%.
By sector, Electronics/Electrical and Food/Beverage/Tobacco are outperforming, up 2.05% and 2.02% respectively. In contrast, the Electric/Gas (-1.68%) and Construction (-1.03%) sectors faced headwinds.
The KOSDAQ index was also in positive territory, trading up 7.37 points (0.88%) at 842.13.
