Kospi Steady Close Despe Foreign Outflows
The Kospi index closed at 5781.20 on the 20th, marking a modest gain of 17.98 points or 0.31%. Despe heavy selling by foreign investors totaling around 5780 billion won, the benchmark maintained stabily near the 5780 level after intraday fluctuations.
During trading, the index climbed 0.99% to approach 5833.68 before reversing course under selling pressure. ultimately settled wh a balanced performance, influenced by easing inflation expectations and shifts in polical risk assessments.
Among major indices, the Dow Jones Industrial Average rose 203.72 points or 0.44% to 46,021.43. The S&P 500 and Nasdaq each advanced 0.27% and 0.28%, respectively.
Won Exchange Rate Breaches 1500 Mark for Second Day
The dollar-won exchange rate surpassed 1500 won for the second consecutive day, closing at 1500.6 won after rising 0.4 won post-3:30 p.m. This marks the first breach of the 1500 level since March 10, 2009, when h 1511.5 won.
Key Stock Performers
Foreign investors net purchased individual stocks worth 2.345 trillion won and 402.4 billion won. Notably, Samsung Electronics gained 1100 won or 0.55% to 199,400 won, while SK Hynix surged 6000 won or 0.59% to 1,007,000 won.
Other decliners included Hyundai Motor (-0.96%), SK Square (-0.49%), and Hanwha Aerospace (-4%). Gainers featured LG Energy Solution (+1.21%), Samsung Biologics (+1.01%), and Doosan Enerbily (+3.1%).
The Kosdaq index recorded a stronger rise of 18.04 points or 1.58%, closing at 1161.52.
Analyst Insights
Im Jeong, a researcher at KB Securies, noted, “Kospi heavyweight stocks have recovered over 5% in inflows, returning to Jinan Pokrak analysis levels.” She added that Nvidia’s partner companies like GTC and Micron sentiment drove rebounds in Samsung Electronics and SK Hynix.
Im further stated, “Even amid polical uncertainty, undervalued fundamentals suggest rebound potential. Real investment flows will likely accelerate wh sustained momentum, requiring solid fundamentals.”
Lee Seo-chan from Daishin Securies Research Center observed, “Geopolical tensions from U.S.-Iran issues are intensifying external market noise.” He predicted, “Once these subside, the dollar-won rate’s real rise due to market anxiety will lead to full market linkage.”
