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KOSPI hits new high, surpassing 4600 points: Foreign investment buying drives semiconductor sector to lead gains
Source: BlockMedia
Original Title: [Market Opening] “Jensen Huang's push and foreign investors' pull” ⋯ KOSPI touches 4600
Original Link:
The Korea Composite Stock Price Index (KOSPI) reached a new high for the year driven by foreign investment. The KOSPI index, supported by continued strength in large-cap stocks such as semiconductors and AI, briefly broke through 4600 points.
According to data from the Korea Exchange, as of 9:20 a.m., the KOSPI index decreased by 65.90 points (1.46%) from the previous trading day, closing at 4591.38 points. The KOSPI opened at 4566.34 points, up 40.86 points (0.90%) from the previous day (4525.48). The gains then expanded to over 1%, and it broke through 4600 during the trading session.
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TokenSleuthvip:
Korean semiconductors are taking off again, and foreign investment is buying aggressively this time, but it's unclear how long it can last.
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