KOSPI Hits All-Time High of 3,646.77 on Foreign 'Buy Korea' Momentum

[Financial News] On the 14th, the KOSPI surged past the 3,600 mark, setting a new all-time high fueled by strong foreign buying.
As of 10:03 a.m., the KOSPI was trading at 3,633.27, up 48.72 points (1.36%) from the previous session. The index opened at 3,604.12, a rise of 19.57 points (0.55%), and hit 3,646.77 at around 9:31 a.m.
In the domestic stock market, individuals and institutions sold 174.2 billion won and 121.7 billion won worth of shares, respectively, while foreigners bought 260.3 billion won. The value of domestic stocks held by foreigners has surpassed 1,000 trillion won. According to the Korea Center for International Finance (KCIF), as of the end of September, foreign holdings stood at 1,004.2 trillion won, up 108.9 trillion won from 895.3 trillion won at the end of August.
Among the top 14 stocks by market capitalization, all rose except for Doosan Enerbility (-1.80%), Shinhan Financial Group (-0.71%), and Samsung C&T Corporation (0.0%). LG Energy Solution (5.56%), Naver Corporation (2.57%), SK hynix (2.53%), and Kia Corporation (1.68%) led the gains.
Samsung Electronics, the largest stock by market capitalization, was trading at 94,200 won, up 0.96% from the previous session.
The KOSDAQ Index was trading at 864.35, up 3.86 points (0.45%) from the previous session. The index opened at 865.37, up 4.88 points (0.57%).
khj91@fnnews.com Kim Hyun-jung Reporter