KOSPI Breaks Above 1,350 for the First Time... SK hynix Hits a Record High [Morning Market Update]

[The Financial News] The KOSPI Composite Index broke above the 6,350 mark for the first time on the 21st.
As of 9:56 a.m. that day, the KOSPI Composite Index was trading at 6,344.27, up 125.18 points, or 2.01%, from the previous session. It opened at 6,302.54, up 83.45 points, or 1.34%, from the previous session. It surged early in the session and set a new all-time high of 6,355.39.
In the KOSPI Market, individual investors were net sellers of 845.5 billion won, while foreign investors and institutions were net buyers of 631.3 billion won and 239.5 billion won, respectively.
Among the 14 largest stocks by market capitalization, all were higher except Samsung Biologics, which fell 1.12%, and Samsung Life Insurance, which was unchanged.
In particular, SK hynix Inc., the second-largest stock by market cap, hit a record high on expectations for strong earnings, rising more than 4%. Samsung Electronics Co., Ltd., the top stock by market cap, was also trading at 218,500 won, up 1.86% from the previous session.
LG Energy Solution rose 9.21%, and Samsung Electro-Mechanics gained 7.06%, among others.
The KOSDAQ Index was trading at 1,173.86, up 0.099 points, or 0.08%, from the previous session. It opened at 1,186.23, up 11.38 points, or 0.97%, from the previous session of 1,174.85, but later turned lower.
In the Seoul Foreign Exchange Market, the won opened at 1,472.4 per dollar, down 4.8 won from the previous session.
khj91@fnnews.com Kim Hyun-jung Reporter