Suddenly Risen to 32P in Stock Prices

As foreign investors bought a lot of stocks and so the stock price jumped, KOSPI increased to 740P. In KOSDAQ market, there were the largest items which stock price increased and so indices increased to 60P.

On June 28, KOSPI was higher to 742.72P increased by 32.29P(4.54%) over the last day. KOSDAQ index was higher to 60.85 increased by 3.62P (6.33%). The KOSPI growth and increase rate was the second highest and KOSDAQ growth and increase rate was the highest in this year.

There are the greatest items of 668 which have the increased stock prices out of 822 items in the KOSDAQ market. Also, in KOSPI market, there are 637 items for the price increase and 56 items for the maximum increase limits. Foreign investors bought KRW 120.7 billion worth for KOSPI and KRW 93.2 billion worth of KOSPI2000 Future. At that day, in the New York Market, NASDAQ index was higher to 1,459.20P increased by 29.87P (2.09%) and Dow Jones Index increased to 9,269.92P, increased by 149.81P(1.64%).

Chan-Sun Hong hcs@donga.com