KOSPI Recovers to 2,200 Level After 8 Days on Foreign Investors' Sentiment... KOSDAQ Closes at 670 Level

[Image source=Yonhap News]

[Asia Economy Reporter Koo Eun-mo] The KOSPI index recovered to the 2200 level for the first time in 8 trading days, supported by net buying from foreign investors. This is interpreted as a revival of investor sentiment following the easing of tensions between the United States and Iran. The KOSDAQ index also rose more than 1%, regaining the 670 level.

The KOSPI, which started higher on the 10th, gradually increased its intraday gains as foreign investors engaged in net buying, closing at 2206.39, up 19.94 points (0.91%) from the previous day.

Looking at trading trends by participant, foreign investors led the index rise with net purchases of 380.5 billion KRW. In contrast, institutions and individual investors sold net amounts of 363.7 billion KRW and 25.3 billion KRW, respectively.

By sector, non-metallic minerals (2.63%), paper and wood (2.35%), and pharmaceuticals (2.12%) rose, while medical precision (-3.64%), electric and gas utilities (-0.76%), and telecommunications (-0.53%) declined.

Among the top market capitalization stocks, LG Chem (6.04%), Samsung Biologics (3.93%), Hyundai Motor (1.79%), Samsung Electronics (1.54%), and POSCO (1.50%) rose, whereas Shinhan Financial Group (-2.01%), SK Telecom (-0.43%), and Hyundai Mobis (-0.20%) fell. Notably, Samsung Electronics, which hit a record high the previous day, closed again at a new high of 59,500 KRW, up 1.54% (900 KRW) from the previous day.

On the KOSPI market that day, 569 stocks rose, including one that hit the upper price limit, while 265 stocks fell with no stocks hitting the lower price limit. Seventy-four stocks remained unchanged.

The KOSDAQ index also closed up more than 1%. Starting higher that day, the KOSDAQ index expanded its gains in the afternoon, closing at 673.03, up 6.94 points (1.04%) from the previous trading day.

By trading participant, individual investors led the rise with net purchases of 96.4 billion KRW. Meanwhile, foreign and institutional investors sold net amounts of 55.5 billion KRW and 30.6 billion KRW, respectively.

By sector, paper and wood (3.36%), digital content (2.45%), and chemicals (2.44%) rose, while telecommunication services (-1.32%), broadcasting services (-0.73%), and semiconductors (-0.49%) declined.

Among the top market capitalization stocks, Medytox (4.46%), Soulbrain (3.90%), Paradise (3.68%), Pearl Abyss (2.90%), and Mezzion (2.65%) rose, while SK Materials (-1.80%), CJ ENM (-1.69%), and Wonik IPS (-0.56%) fell.

On the KOSDAQ market that day, 893 stocks rose, including two that hit the upper price limit, while 360 stocks fell with no stocks hitting the lower price limit. Ninety-five stocks remained unchanged.

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