KOSPI Rises for Fourth Consecutive Session, Surpasses 4,600 Mark During Trading [fn Morning Market Briefing]

[Financial News] The KOSPI is showing an upward trend, buoyed by net purchases from foreign investors.
As of 10:54 a.m. on the 7th, the KOSPI was trading at 4,557.17, up 31.69 points (0.70%) from the previous session. At one point during the session, the index climbed as high as 4,611.72, up 86.24 points (1.91%).
The KOSPI opened at 4,566.34, up 40.86 points (0.90%) from the previous day.
In the KOSPI Market, foreign investors have purchased shares worth 774.2 billion won. In contrast, individual investors and institutions have sold 203.7 billion won and 535.3 billion won worth of shares, respectively.
Most of the leading large-cap stocks are showing strength. Samsung Electronics and SK Hynix are trading up 2.02% and 3.58%, respectively, compared to the previous day, while Hyundai Motor Company is up more than 11%.
By sector, transportation equipment and parts (3.77%), transportation and storage (2.74%), and electrical and electronics (1.91%) are leading the gains. In contrast, entertainment and culture (-3.52%) and medical and precision instruments (-3.00%) are showing weakness.
At the same time, the Korea Securities Dealers Automated Quotations (KOSDAQ) index is trading at 941.69, down 14.28 points (1.49%) from the previous day.

dschoi@fnnews.com Choi Doo-sun Reporter