KOSPI Breaks Through 4,600 for the First Time Ever, Surges to Intraday High of 4,652.54 [Financial News Morning Market Report]

[Financial News] The Korea Composite Stock Price Index (KOSPI) surged past the 4,600 mark for the first time in history at the opening on the 12th, driven by strong buying from retail and institutional investors.
As of 10:25 a.m. that day, the KOSPI was trading at 4,635.22, up 48.90 points (1.07%) from the previous session. The index opened at 4,639.89, a gain of 53.57 points (1.17%), hitting a fresh all-time high right at the start of trading.
Around 9:03 a.m., it climbed again to touch 4,652.54, once more renewing its record high. In the domestic main board market, retail investors and institutions bought 311.7 billion won and 73.5 billion won worth of shares, respectively, while foreign investors sold a net 434.1 billion won.
Among the top 14 stocks by market capitalization, Hanwha Ocean (up 10.34%), Doosan Enerbility (up 4.63%), and LG Energy Solution (up 3.86%) posted the largest gains.
Samsung Electronics, the largest stock by market cap, was trading at 140,800 won, up 1.29% from the previous session. SK Hynix, the second-largest, was at 757,000 won, a rise of 1.75%. In contrast, Kia (down 1.80%), Samsung C&T (down 1.68%), and KB Financial Group (down 0.95%) were among the biggest decliners.
The KOSDAQ Index was trading at 953.69, up 5.77 points (0.61%) from the previous day. The index opened at 948.48, up 0.56 points (0.06%).
In the Seoul Foreign Exchange Market, the exchange rate between the United States dollar (USD) and the South Korean won opened at 1,461.3 won, up 3.7 won from the previous session.
khj91@fnnews.com Kim Hyun-jung Reporter