KOSPI Rises Over 1% on Foreign Buying... KOSDAQ Recovers to 660 Level

[Asia Economy Reporter Oh Ju-yeon] The domestic stock market, which had been weak due to tensions between the US and Iran, rebounded by over 1%.

As of 10:10 AM on the 7th, the KOSPI recorded 2176.51, up 0.99% compared to the previous trading day. The KOSPI opened at 2166.60, up 0.54% from the previous day, and at one point in the morning session rose 1.23%, surpassing the 2180 level.

By investor type, foreigners and institutions net bought 90.6 billion KRW and 44 billion KRW respectively, while individuals net sold 134 billion KRW.

Among the top market capitalization stocks, Samsung Electronics (1.26%), SK Hynix (0.64%), NAVER (2.22%), Samsung Biologics (0.73%), Hyundai Mobis (1.60%), and Celltrion (1.73%) rose.

Seo Sang-young, a researcher at Kiwoom Securities, analyzed before the market opened, "Since there was a nearly 2.5% correction from the peak after the US-Iran friction issue occurred on the 3rd, a temporary rebound is expected."

The KOSDAQ index recorded 660.78, up 0.83% from the previous trading day. The KOSDAQ opened at 660.87 and rose as much as 1.36% to 664.21 during the morning session.

Individuals net bought 42.6 billion KRW, while foreigners and institutions sold 31.1 billion KRW and 9.4 billion KRW respectively.

Among the top market capitalization stocks, Celltrion Healthcare (1.70%), HL Biopharma (0.56%), CJ ENM (1.53%), and Pearl Abyss (0.77%) rose.

This content was produced with the assistance of AI translation services.