KOSPI Breaks 2,480 On Foreign Buying...KOSDAQ index also rises

Our stock market rose along with the KOSPI and KOSDAQ indexes.

In the stock market, the KOSPI closed at 2,484.43, up 1.12 percent from the previous session.

Retail investors sold a net more than 460 billion won, but foreign investors bought a net 268 billion won and institutional investors bought a net 134 billion won, leading the index's gains.

The KOSDAQ index also closed at 697.57, up 0.45% from the previous trading day.

Individuals bought a net 44.7 billion won, but foreigners and institutions sold a net 20.1 billion won and 6.2 billion won, respectively.

The local currency fell 3.4 won to 1,435.5 won against the U.S. dollar as of 3:30 p.m. in the Seoul foreign exchange market.