Will 'Santa Rally' lead to a 1% rise in returning foreigners?

2024.12.24. AM 09:12
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Our stock market, which fell for two consecutive days last week, rose more than 1% on foreign and institutional buying.

Ahead of Christmas, I'm interested in whether I can continue the Santa Rally today.

Let's check it out on the screen. Our market just opened.

You're looking at Hana Bank's dealing room.

Yesterday, it closed at the 2,442 level, rising to the 2,440 level on the back of the combined net buying trend of our market, foreigners and institutions.

It's been three trading days since the index closed higher.

Foreigners and institutions bought a net 145.2 billion won and 435 billion won, respectively, while individual sales poured out. As you can see, the KOSPI, which closed higher yesterday, is starting slightly higher today.

We have to wait and see if we can keep the upward trend today.

Let's take a look at the KOSDAQ market as well. It closed at 679.24 yesterday, up 1.64% on the back of net purchases by foreigners and institutions.

Today, the KOSDAQ market is now 0.75% higher. Let's take a look at the exchange rate situation together.

The won-dollar exchange rate, which has been in the 1,450 won range for three consecutive trading days, fell slightly in early trading yesterday, but rebounded in the afternoon to 1,452 won.

It seems that the current upward pressure on the exchange rate is high.

Even now, it has started to rise from the 1452.4 level.

With concerns about the economic situation and political uncertainty still lingering, we have to wait and see how our market will continue today ahead of tomorrow's Christmas holiday.

Detailed economic news will be delivered in the following news.


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