After President Yoon Suk Yeol's announcement, our stock market fluctuated for a while, but the KOSPI and KOSDAQ indexes continued to rise for the third day.
In the stock market, the KOSPI rose 1.62% to close at 2,482.12 on institutional net buying after declining gains after Yoon's statement in the morning.
Individuals and foreigners sold a net 270 billion won, but institutions bought a net 150 billion won, pushing the index higher.
Domestic technology stocks such as Samsung Electronics, SK Hynix, and LG Energy Solution also recorded a sharp rise on the news that the Nasdaq Composite Index rose to 20,000 for the first time in history on the New York Stock Exchange.
On the KOSDAQ market, the KOSDAQ index also fell slightly after Yoon's statement, but closed 1.1% higher at 683.35, due to individual net buying.
In both markets, foreigners net sold about 100 billion won.
In the Seoul foreign exchange market, the won-dollar exchange rate started at 1,429.1 won, down 3.1 won, and fluctuated slightly around 1,430 won.
As of 3:30, the won-dollar exchange rate stood at 1,431.9 won.
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