A screen in the Hana Bank trading room in Central -Soul shows that the Kospi rose by 9.25 points or 1.26 percent on March 17 with 2,610.69 points after the previous trading session. [NEWS1]
The shares were significantly higher on Monday, led by the winning of Samsung Electronics and other Tech shares who pursue their Wall Street colleagues, although they have concerns about the extensive tariff program of US President Donald Trump.
The Benchmark Kospi added 44.33 points or 1.73 percent to close at 2,610.69 and end a two -day defeat. The Kosdaq rose by 9.25 points or 1.26 percent and closed 743.51.
The trading volume was moderate with 391.15 million stocks worth 11.82 trillion WON (8.16 billion US dollars), with the winners of 529 to 355 being superior.
Foreigners and institutions bought a net -Won 624.51 billion and 498.69 billion We in local stocks, while retail investors sold a net shares of 1.18 trillion.
The index was opened higher before the profits expanded after the US shares had jumped on Friday with the search for recently beaten Tech -Blue -Blue chips when investors put the concerns about an economic slowdown and a global trade war.
According to the analysts, China's announcement on Sunday was an improved mood in the investor on Sunday for an increase in increasing domestic consumption.
Samsung Electronics rose by 5.3 percent to 57,600 WON, and SK Hynix rose by 0.73 percent to 206,000.
The strong performance of Tech Blue Chips was as GTC 2025 or the GPU Technology Conference 2025, an annual event from NVIDIA, from Monday to Friday with a focus on artificial intelligence, robotics and other advanced technologies in California.
Samsung Biologics rose by 1.71 percent to 1,069,000 Won and Celltrion by 0.91 percent to 187,800.
The LG Energy solution collected 0.46 percent to 325,000 We, and the SK innovation fell by 4.39 percent to 126,200.
Hyundai motor rose 0.25 percent to 199,000, but Kia fell 0.7 percent to 98,800.
Hanwha Aerospace rose among winners by 6.81 percent to 753,000 WON, while Posco Holdings added 0.82 percent to 307,000 Won.
Naver rose by 1.44 percent to 211,000 Won and cocoa rose by 0.12 percent to 43,500.
The local currency was quoted at 1,447.9 against the Greenback at 3:30 p.m., which won 5.9 from the last session.
The bond prices that move around to the yield ended lower. The return of three-year bonds rose by 0.4 basis points to 2.601 percent, while the return on the benchmark 10-year bonds of the US government rose by 4.4 basis points to 4.313 percent.
By Cho Yong-Jun, Yonhap [[email protected]]
