Our stock market is excited by "Jensen Hwang".Let's start with "Hojo".

[Anchor]
At the beginning of the year, our stock market danced at the words of U.S. Nvidia CEO Jensen Hwang, and the KOSPI regained the 2,520 level for the first time in a long time.

As foreigners turn to net buying, the stock market mood is improving, and the decision on the Bank of Korea's benchmark interest rate on the 16th is expected to be an important variable.

Reporter Ryu Hwan-hong reports.

[Reporter]
Nvidia CEO Jensen Huang's remarks, who recently attended CES in the U.S., triggered the strong performance of our stock market at the beginning of the year.

Samsung Electronics' stock price rose more than 3% on the 8th despite its poor performance in the fourth quarter on the remarks that it is confident of Samsung Electronics' delivery of HBM.

SK Hynix's stock price soared more than 5% the next day after CEO Jensen Hwang reportedly met with SK Chairman Chey Tae-won at CES.

In addition, Hyundai Motor's stock price soared more than 6% this time on the news that CEO Jensen Huang's Nvidia has formed a partnership with Hyundai Motor for mobility innovation at CES.

The KOSPI, which started at the 2,300 level earlier this year, quickly recaptured the 2,520 level as the top market cap stocks rose using Jensen Huang and Nvidia.

Foreigners who have turned to net selling since the second half of last year have also switched to net buying of more than 1 trillion won since the beginning of the year, revitalizing our stock market.

It is also notable that foreigners who net sold Samsung Electronics, the KOSPI's leader, last year, net purchased 240 billion won this year.

Although it can be seen as an influx of low-priced buying, it remains to be pointed out that it is difficult to turn the trend to an upward trend without improving performance.

[Park Seok-hyun / Woori Bank researcher: We need to be able to see some positive changes to our profit forecast so that we can expect the stock price to turn upward.]

As our stock market has been strong in the new year, there has also been a movement to invest in debt, increasing the balance of credit loans by more than 200 billion won compared to the end of last year.

The market sees the Bank of Korea's Monetary Policy Committee's decision on the base rate as another important variable on the 16th.

The exchange rate, which soared at the end of the year, is stabilizing at the beginning of the year, so if interest rates are cut, it is expected that the stock market will be heated.

I'm YTN's Ryu Hwan Hong.