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코스피 6912로 상승 마감…‘삼전닉스’ 주주환원 기대감

The Korean KOSPI index closed at 6,912.95 points, marking a 0.88% rise, after initially experiencing a downturn. The domestic market saw a significant decline, prompting the activation of a large-scale "sell sidecar" in the early trading session. The KOSPI index opened at 6,759.95, falling 92.63 points (1.35%) from the previous day, before turning around to rise.

This uptick is attributed to hopes for the repatriation of shareholders in 'Sungart Nexsis,' a "semiconductor powerhouse." The anticipated repatriation plans by Samsung Electronics, following SK Hyundi's announcement on the 19th, fueled the bullish sentiment in the market. While both Samsung Electronics and SK Hyundi showed a slight decline in the early trading, they eventually reversed the trend and closed at 280,150 won and 173,000 won, respectively.

The KOSPI leading stock drove the overall index higher, indicating a reprieve from the burden of U.S. Treasury interest rates rising. Institutional investors in the KOSPI market bought 2.5 trillion won in a net purchase, while individuals and foreigners collectively sold 1.17 trillion won and 1.8 trillion won, respectively. The CSDX index closed at 801.94, down 38.95 points (4.63%) from the previous day.

It started at 824.05 after falling 16.84 points (2.00%) from the opening. This marked the 32nd sidecar and the 14th sell-sidecar activation in the domestic market this year. The Korean foreign exchange market closed at 1,386.5 won per U.S. dollar, the lowest level since September 18th of last year (1,387.8 won), the lowest point since September 17th of last year (1,380.1 won).

Analysts attributed this drop to expectations that the U.S. Federal Reserve would not raise benchmark interest rates next month, leading to an increase in dollar sales by exporters.

Written by urgent.news from Hankyoreh's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at hani.co.kr →

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