<Anchor> With the



decision of the new president of the United States, our stock market rose a lot today (9th).

In particular, the KOSPI reached its highest level in 2 years and 5 months.

In addition, Asian stock markets, including China, also rose in anticipation that the trade conflict between the US and China would be somewhat reduced in the future.



Reporter Hyung-woo Jeon will deliver this information.



<Reporter> The



won-dollar exchange rate has been falling rapidly since the 5th, when Biden's election became visible.



Today, it ended at 1113.9 won, down 6.5 won.

Lowest in 22 months.



The expectation that the dollar will fall as Biden-elect pledged aggressive economic stimulus measures came into play.



In addition to the won, currencies in East Asia, such as the yuan, also showed strong strength.



[Seo Sang-young / Kiwoom Securities Investment Strategy Team Leader: The US and Europe are in a situation where the economy has contracted because the Corona 19 is growing exponentially. The



KOSPI rose 1.27% to 2,447.20 and the KOSDAQ rose 1.72% to 851.21.



KOSPI continued its upward trend for six consecutive trading days, reaching the highest in two years and five months.



The so-called'biden policy beneficiaries', such as batteries and renewable energy, stood out.



Foreigners who are net buying more than 2 trillion won this month have bought more than 330 billion won, mainly in the semiconductor and battery industries.



With the strong won, foreign exchange gains can be expected, stimulating net buying by foreign investors.



In addition to the anticipation that the overall trade confrontation between the U.S. and China will ease somewhat, the news that China's exports rose 11.4% higher than expected in October, and China's leading index surged around 2%.



Traditionally, the experience that Asian currencies and stock markets were strong when the Democratic candidate was elected in the US presidential election.



(Video coverage: Kim Heung-sik·Kim Seong-il, video editing: Kim Jong-tae)  



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