"Unstoppable" KOSPI tops 5,400 for first time ever...Will it break through 5,500 next?

[Financial News] The Korea Composite Stock Price Index (KOSPI) surged past the 5,400 mark for the first time ever on the 12th, boosted by strong buying from foreign investors and institutions.
As of 9:58 a.m. that day, the KOSPI was trading at 5,463.54, up 109.05 points (2.04%) from the previous session.
The index started at 5,425.39, up 70.98 points (1.32%) from the previous close, and then extended its gains.
In the main stock market, while retail investors sold about 800 billion won, foreign investors and institutions were net buyers of roughly 452.6 billion won and 345 billion won, respectively.
Among the top 14 stocks by market capitalization, SK Square (up 6.20%), Samsung Electronics (4.23%), Shinhan Financial Group (3.67%), and SK hynix (3.49%) showed strong gains. In contrast, Doosan Enerbility (down 2.20%), Celltrion (2.09%), and Hyundai Motor (1.18%) were weaker.
The KOSDAQ Index was trading at 1,115.64, up 0.77 points (0.07%) from the previous session. It opened at 1,122.55, up 7.68 points (0.69%).

khj91@fnnews.com Kim Hyun-jung Reporter