April 10 KOSPI closes up 1,33 percent... recovers  1860 Line

2020-04-10     박효선 기자
KOSPI,

[Infostock Daily= Reporter Park Hyo-sun] The KOSPI recovered to the 1860s in 22 trading days on the 10th. The US central bank announced a large-scale stimulus package the day before, which seems to have stimulated domestic investment sentiment.

According to the Korea Exchange, the KOSPI closed at 1860.70 on the 10th, up 24.49 points (▲1.33%) from the previous trading day.

The U.S. Federal Reserve announced a plan to provide $2.3 trillion in real economic support the day before. The U.S. stock market rebounded as the Fed decided to expand its scope of support to speculative-grade corporate bonds (junk bonds).

The rebound in the US stock market has also affected the domestic stock market and stimulated individual investors' net buying sentiment.

Individual investors net bought 252.3 billion won on the day. Foreign investors, on the other hand, sold 55.3 billion won and institutional investors 207 billion won while.

foreign investors continued to sell for 27 consecutive trading days.

By industry, insurance (▲8.79%), pharmaceuticals (▲6.01%), steel and metals (▲4.30%), electric gas (▲4.24%), banking (▲4.14%), financials (▲3.49%), securities (▲2.45%), and transportation equipment (▲2.14%) rose.

Samsung Bio Logics (▲16.82%), Samsung C & T (▲5.96%), Hyundai Motor (▲2.68%) and Samsung Electronics (▲0.31%) rose in the top market capitalization.

On the other hand, LG Household & Health Care (▼3.19%), SK Hynix (▼1.06%), Samsung SDI (▼0.99%), NAVER (▼0.60%) and Celltrion (▼0.48%), LG Chem (▼0.15%) fell.

The KOSDAQ index closed at 611.26, down 4.69 points(▼0.76%,) from the previous trading day.

Individual investors net bought 249.6 billion won, while foreign investors sold 137.2 billion won and institutional investors sold 108.6 billion won.

By industry, textile apparel (▼3.0%), the Internet (▼2.5%), computer services (▼2.3%), and paper wood (▼1.9%) fell.

CJ ENM (▲5.47%), Studio Dragon (▲4.31%), HelixMith (▲2.40%), and Celltrion Pharmaceutical (▲1.06%) rose in the top market cap.

On the other hand, Seegene (▼3.44%), HLB (▼2.01%), Celltrion Healthcare (▼1.12%), Pearl Abyss (▼1.01%), KMW(▼0.65%) and SK Materials (▼0.47%) fell.

The won-dollar exchange rate in the Seoul foreign exchange market closed at 1208.8 won per dollar, down 10.7 won (▼0.9%) from the previous trading day.

Reporter Park Hyo-sun hs1351@infostock.co.kr