KOSPI closed at 2977.65 the previous day
Last year’s 1st place → 18th place plummeted
Last behind China and Brazil
[아시아경제 송화정 기자]The year ended without the KOSPI recovering above the 3,000 mark. Among the major 20 countries (G20), the stock price/return fell from the top position last year to the lowest level.
According to the Korea Exchange on the 31st, the KOSPI closed at 2977.65 on the previous day and ended the year without recovering the 3000 level.
It rose 3.63% from the end of last year, continuing its upward trend for three consecutive years, but it fell far short of the 30.75% increase last year. This slump was evident even compared to the global stock market. The KOSPI, which ranked first among the G20 countries last year, fell to 18th this year. As of the 29th, the KOSPI rose 4.17%, ranking 18th among the G20 countries. The only places that lag behind Korea are China, which rose only 3.57 percent, and Brazil, which fell 12.53 percent, at the bottom of the list.
Argentina showed the highest rate of increase, up 63.99%, and the United States rose 27.61% to fifth place. Japan was ranked 17th, up 5.33%. Emerging market stock markets were generally sluggish, but the KOSPI recorded a higher return than the Morgan Stanley Capital International (MSCI) Asia Index, which recorded -7.4%.
An exchange official said, “It showed an upward trend until the first half of the year due to the resumption of global economic activities due to the expansion of vaccine distribution, but since July, concerns over a slowdown in the semiconductor industry, continued inflation, tapering (reduction of asset purchases) and the emergence of the corona virus entered the correction zone. “The semiconductor stocks showed a rebound in December,” he said.
The market cap of the KOSPI closed at 2,203 trillion won, up 11.3% from 1980 trillion won at the end of last year.
Individuals net bought a record 66 trillion won this year, while foreigners and institutions sold 26 trillion won and 39 trillion won, respectively, recording net selling for the second year in a row. Individuals made the largest net purchases in history this year, but their share of transactions decreased slightly compared to the previous year. The proportion of individuals in buy transactions fell from 66.55% last year to 63.8% this year, and the proportion of sell transactions fell from 64.98% to 62.08%. The average daily trading value increased by 26.2% from 12.2 trillion won last year to 15.4 trillion won this year. In the first half of the year, the daily average of more than 15 trillion won was maintained, but in the second half of the year, it showed a decline due to the sluggish stock market.
The KOSDAQ closed at 1033.98, up 6.8% from the end of the previous year. The market cap rose 15.7% to close at 446.3 trillion won.
By Song Hwa-jeong, staff reporter [email protected]
Source: 아시아경제신문 실시간 속보 by www.asiae.co.kr.
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