two days left from the stock market closing this year, Kospi reached a record high today (28th).
KOSPI, KOSDAQ, and the two major markets also had the highest transaction price ever.
Reporter Deokki Yoo analyzed the reason.
Kospi has reached an all-time high for two consecutive days.
During the intraday, it also crossed the 2,830 line, but the increase decreased by 0.06%, and the trade ended at 2,808.60.
The transaction value between KOSPI and KOSDAQ reached an all-time high of KRW 40.55 trillion.
This is because individuals threw a lot of stocks in order to evade the capital gains tax standard for large shareholders, while institutions bought stocks in large numbers for year-end dividends.
In order to be excluded from the requirement for capital stockholders subject to capital gains tax, stocks must be sold and sold until today, and individual net sales amounted to KRW 1.85 trillion.
On the other hand, the institution has bought stocks worth 1.5 trillion won in net purchases because it is only possible to obtain year-end dividends only by buying stocks until today.
[Lee Kyung-min/Daeshin Securities Researcher: (Selling more than expected) did not come out much.
There are quite a few investors who are subject to transfer tax.
However, there are also investors who want to buy more (because the market is good).
It wasn't big compared to the past.] The
KOSPI, which fell to the 1,400 line due to the corona spread in March, has nearly doubled in nine months.
There is also a rosy view of the 3,000 line.
[Hwang Se-woon/Capital Market Research Fellow: (the possibility of breaking through 3,000) is expected to be quite high. In the recovery after dropping to 1400 points, the role of individual investors Donghak ants was decisive, but can it break through 3,000 in the future? Whether or not there is a greater power of institutions and foreign investors (it seems to work)]
However, the possibility of adjustment cannot be ruled out as variables such as the corona relapse and the revision of the US fiscal stimulus plan remain.
(Video coverage: Choi Ho-jun, video editing: Kim Jun-hee, CG: number of announcements)