KOSPI Nears 5,300 as KOSPI and KOSDAQ Jump Over 4% [Closing Market Report]

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\r\nAccording to Financial News, the Korea Composite Stock Price Index (KOSPI) and KOSDAQ Index both closed more than 4% higher on the 9th. The KOSPI surged 4.10%, supported by more than 3 trillion won in net purchases by foreign investors and institutions, bringing it close to the 5,300 level. The KOSDAQ also gained 4.33%, showing strong performance alongside the main index.
The KOSPI finished the session at 5,298.04, up 4.10% from the previous trading day. The index opened at 5,299.10, a 4.13% rise from the previous close, and climbed as high as 5,322.35 (up 4.58%) during intraday trading before giving up part of its gains by the close.
In the main stock market, foreign investors and institutions bought a net 441.8 billion won and 2.7121 trillion won, respectively, pushing the index higher. Individual investors, on the other hand, sold more than 3 trillion won, locking in profits.
Most large-cap stocks ended higher, including Samsung Electronics (up 4.92%), SK hynix (up 5.72%), and Hyundai Motor (up 2.25%). In particular, Mirae Asset Securities and HD Hyundai Electric posted sharp rallies of 11.25% and 11.07%, respectively.
By sector, medical and precision instruments jumped 7.99%, while securities rose 7.70%, with most sectors closing in positive territory.
The KOSDAQ Index also advanced 4.33% to close at 1,127.55. In the KOSDAQ market, foreign investors and institutions recorded net purchases of 162.8 billion won and 484.4 billion won, respectively, while individuals showed net selling of 605.8 billion won.
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elikim@fnnews.com Kim Mi-hee Reporter