Overview
- The Kospi rose 1.47% to 4,692.64 on Tuesday, setting an all-time intraday high of 4,714.15 and extending its winning streak to eight sessions.
- The won weakened to 1,473.7 per U.S. dollar, the lowest level in three weeks by the late session.
- Autos and defense led gains, with Hyundai Motor up 10.63% to a record 406,000 won and Hyundai Mobis up 14.47%, while Samsung Electronics fell 0.86% and SK hynix slid 1.47%.
- Institutions were net buyers of 788.5 billion won as foreigners sold 279 billion won and retail investors offloaded 713.1 billion won.
- Recent flow data show early-January net foreign purchases of about 1.74 trillion won focused on Celltrion, Hanwha Aerospace and Hanmi Semiconductor, with analysts highlighting faster earnings upgrades and a potential move toward 5,000 in the first quarter.