|Smart Today=Kim Se-hyung Reporter| The stock market has truly received the spirit of Jeoktomah in 2026. It hit an all-time high from the first trading day. A home run was hit by the first batter in baseball.
According to the Korea Exchange on the 2nd, the KOSPI index closed at 4309.63 points, up 2.27% from the last trading day of last year on December 30. It has climbed above 4300 for the first time in KOSPI history. It has also surpassed the previous record of 4221.87 points set on November 3 of last year.
On that day, the KOSPI index started at an all-time high of 4224.53 points. Although the US stock market closed lower at the end of last year, the KOSPI showed no signs of slowing down. In particular, the rise of Samsung Electronics and SK Hynix, the top two companies by market capitalisation, was remarkable. Both stocks set new all-time highs again on that day. Samsung Electronics saw a rise of nearly 7%.
In the early trading session, individuals who viewed the new year positively took the lead. Individuals showed a buying advantage of 148.3 billion won until 11 a.m. In the afternoon, foreigners took over the baton, completing the picture of an all-time high on the first day. Individuals closed with a net selling of 454.4 billion won, while foreigners finished the day with a buying advantage of 644.7 billion won. Institutions showed a selling advantage throughout the day, recording a net selling of 233.3 billion won.
Achieving an all-time high on the first trading day of the new year marks the fifth record since the KOSPI index was announced in 1983. The all-time high was broken on the first trading day of the new year in 1988, 2006, 2011, and 2021.
The Korea Exchange stated, "The upward trend is expected to continue due to the government's ongoing capital market revitalisation policies, global economic recovery, improvements in performance due to the development of the AI industry and strong semiconductor exports. However, volatility in exchange rates and uncertainties regarding US interest rate cuts are cautionary factors."
Meanwhile, the KOSDAQ index also started the new year's first trading day strongly. The KOSDAQ index rose 2.17% to 945.57 points compared to the previous trading day. Although the leading stocks in KOSDAQ, particularly in the bio sector, struggled, they were replaced by stocks in robotics, semiconductors, and cosmetic medical sectors.
In particular, Wonik Holdings' subsidiary Wonik IPS, which recorded the highest increase rate across KOSPI and KOSDAQ last year, surged nearly 18% on that day. Hyundai Mubecks, an automation company under the Hyundai Group, also joined the robotics sector, closing up 26%.
Comment (0)
Write a comment.