KOSPI Surpasses 1 Trillion in Foreign Net Purchases... Breaks 3390 During Trading [fn Afternoon Market]

[Financial News] KOSPI continues its record-breaking rally due to continuous net purchases by foreigners and institutions.
As of 1:35 PM on the 12th, KOSPI is trading at 3387.73, up 43.53p (1.30%) from the previous trading day.
On this day, KOSPI started trading at 3374.65, up 30.45p (0.91%) from the previous day. After setting a record high on the 10th, it has been setting new records for three consecutive trading days. During trading, the index rose to 3390.31, up 46.11p (1.38%).
In the stock market, foreigners maintained a buying trend for five consecutive trading days, purchasing 1.1102 trillion KRW worth of stocks. Institutions also have a net purchase of 564.7 billion KRW. On the other hand, individuals are selling 1.6294 trillion KRW worth of stocks.
Major companies by market capitalization are generally strong. Samsung Electronics (2.38%) and SK Hynix (7.00%) are both strong, and Naver and Kakao are also up 2.47% and 9.52%, respectively.
By industry, metals (3.81%) and IT services (3.54%) are rising in order.
The KOSDAQ index is trading at 845.80, up 11.04p (1.32%) from the previous day.

dschoi@fnnews.com Choi Doo-sun Reporter