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Stock Price Surged Over 900

Posted March. 28, 2002 10:02,   

한국어

The composite stock price index broke the 900 line for the first time in past 2 years. CSPI recorded 902.46 on 27th, which is 21.43 points (2.43 percent) increased from the previous day. The record was the highest one since March 29th, 2000 (908.51). All items enjoyed the high rise except for drug products.

Organizations and foreign investors led the rising stream, purchasing 18.49 billion won and 1.61 billion won respectively. Samsung Electronics to which organizational investors and foreign investors rushed hiked 4.15 percent, recovering its price of 360,000 won in 15 days.

Kosdaq also closed at 93.10, 0.54 points up but its rising steps were stumbled by the net sales of foreign investors up to 6.26 billion won.

Transaction volume recorded 4 trillion 393.2 billion won in the stock exchange market and 2 trillion 730.1 billion won in Kosdaq, which is a little lower than the expected volume, considering the stocks for sale at 900 points. It seems because stocks for sale having waited for the 900 line were already sold out during 3 times breaking through of the 900 line since March 20th.

The total customer`s deposit on 26th was 12 trillion won 234.9 billion won, which is 51.9 billion won reduced than the previous day. Uncollected amount reduced by 83.2 billion won down to 1 trillion 216 billion won and credit loan increased by 7 billion won up to 340.7 billion won.



Chan-Sun Hong hcs@donga.com