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Finance

KOSPI breaks 6,400, sets new 52-week high again a day later

South Korea’s KOSPI broke above 6,400 on Tuesday and set a new record high again just a day after notching a 52-week high. The benchmark index ended up 29.46 points, or 0.46 percent, at 6,417.93 after opening slightly lower. Retail investors were net buyers, while foreign and institutional investors sold. The KOSDAQ also ended higher, and the won strengthened against the dollar.

Finance

KOSPI hits record high after breaking 52-week high, nears 6,400

South Korea’s benchmark KOSPI rose to a record high on April 21, closing above 6,300 as foreign investors and institutions logged net purchases. The index ended up 169.38 points, or 2.72 percent, at 6,388.47 after opening higher and setting a new 52-week high in intraday trade. Individuals were net sellers. Most heavyweight stocks gained, while Samsung Biologics and Hanwha Aerospace fell.

Finance

KOSPI breaks above 52-week high in intraday trade, hits record high

South Korea\'s KOSPI jumped shortly after the market opened on April 21, breaking above its 52-week high and setting a record. At 9:10 a.m., the index was up 129.30 points, or 2.08 percent, at 6,348.39. Foreign investors and institutions were net buyers, while retail investors were net sellers. Most heavyweight stocks rose, including SK Hynix and Samsung Electronics. The won strengthened slightly against the dollar.