On the 26th, when the KOSDAQ index broke through the 1000 level during trading, a status board at the Hana Bank dealing room in Jung-gu, Seoul displays the KOSDAQ index and more. Yonhap News

The KOSDAQ index rose above 1000 points during trading on the 26th, setting a new high for the year. It is the first time in four years that KOSDAQ has traded above 1000 points. Following the KOSPI achieving a historic ‘5000 points’ on the 22nd, the domestic stock market rally continues, with KOSDAQ also breaking through 1000 points.

That day, the KOSDAQ index opened at 1003.9, up 9.97 points (1%) from the previous session, crossing 1000 points at the open. It is the first time in about four years since January 6, 2022 (1003.01) that KOSDAQ has exceeded ‘1000daq’ intraday. While KOSPI, which recently passed ‘5000pi’, has paused, KOSDAQ has rebounded strongly, making its strength stand out.

The easing of Trump-driven macro risk sentiment is working in favor of KOSDAQ, which is centered on growth stocks. In particular, reports that the KOSPI 5000 Special Committee recently proposed ‘KOSDAQ 3000’ as the next target are seen as supporting KOSDAQ strength. Government steps to tighten delisting criteria to speed the exit of insolvent listed firms and to supply risk capital through vehicles such as the National Growth Fund are also contributing to the KOSDAQ uptrend.