KOSPI Rises 1.47%...Continues Record-High Rally [Financial News Closing Market Report]

[Financial News] The Korea Composite Stock Price Index (KOSPI) extended its gains for an eighth consecutive trading day, supported by net buying from institutional investors.
On the 13th, the KOSPI closed at 4,692.64, up 67.85 points (1.47%) from the previous trading day.
The KOSPI opened the day at 4,662.44, 37.65 points (0.81%) higher than the previous session’s close.
In the KOSPI Market, institutional investors bought a net 945.7 billion won, marking a third straight session of net purchases. In contrast, retail investors sold 999.0 billion won and foreign investors offloaded 160.6 billion won.
Most large-cap stocks by market capitalization were strong. Hyundai Motor Company ended the session at 406,000 won, up 10.63% from the previous trading day.
The KOSDAQ Index closed at 948.98, down 0.83 points (0.09%) from the previous day.

dschoi@fnnews.com Choi Doo-seon Reporter