KOSPI Holds Firm Above 2200 in Early Trading... KOSDAQ Around 670

[Asia Economy Reporter Eunmo Koo] The KOSPI is maintaining the 2200 level with a firm tone in the early session. The KOSDAQ index is also slightly rising, holding the 670 level.

On the 13th, the KOSPI opened at 2204.49, down 1.90 points (0.09%) from the previous trading day. After starting lower, the KOSPI quickly turned upward and is showing a firm tone. As of 9:18 a.m., it is recording 2208.04, up 1.65 points (0.07%) from the previous day.

On the 10th, the KOSPI closed higher at 2206.39, up 0.91% from the previous day, supported by continued foreign buying. The market was relieved by easing tensions between the U.S. and Iran, and expectations for the signing of the U.S.-China Phase One trade agreement expanded. With Chinese Vice Premier Liu He’s visit to the U.S. confirmed, U.S. President Donald Trump stated that Phase Two trade negotiations would resume promptly.

Kim Yae-eun, a researcher at IBK Investment & Securities, said, “The geopolitical risk from the U.S.-Iran military conflict acted as a volatility factor in the stock market at the beginning of the year. Although the risk has not been completely resolved, the likelihood of escalation seems low as the conflict has not re-emerged strongly, so although somewhat delayed, the January effect is expected to appear.” She added, “Even when external risks spread and investor sentiment wavered since the beginning of the year, foreigners continued net buying, with IT stocks at the center. This warmth is expected to spread from large-cap to small- and mid-cap stocks, positively impacting the stock market.”

Looking at trading trends by participant, individual and foreign investors are net buying 46.7 billion KRW and 28.7 billion KRW respectively, while institutional investors are net selling 70.6 billion KRW.

By sector, transportation and warehousing, chemicals, and textiles/apparel are rising, while insurance, steel/metal, and finance are declining.

Among the top market capitalization stocks, LG Household & Health Care, LG Chem, Celltrion, and Hyundai Motor are rising. Conversely, KB Financial Group, POSCO, Shinhan Financial Group, and NAVER are falling.

Currently, in the KOSPI market, 411 stocks are rising without any hitting the upper limit, 361 stocks are falling without any hitting the lower limit, and 121 stocks are unchanged.

The KOSDAQ index is also maintaining a firm tone. It opened at 673.76, up 0.73 points (0.11%) from the previous day, and with net buying by individuals in the early session, it is recording 673.90, up 0.87 points (0.13%) as of 9:19 a.m.

Looking at supply and demand, individual investors are net buying 34.3 billion KRW, while foreign and institutional investors are net selling 22.3 billion KRW and 4.0 billion KRW respectively.

By sector, entertainment and culture, internet, software, and distribution are rising, while semiconductors, telecommunication services, and telecommunication equipment are declining.

Among the top market capitalization stocks, Paradise, Medytox, Studio Dragon, and Celltrion Healthcare are rising. Conversely, Wonik IPS, SK Materials, KMV, and Soulbrain are falling.

Currently, in the KOSDAQ market, including Entels which hit the upper limit, 675 stocks are rising, 499 stocks are falling without any hitting the lower limit, and 148 stocks are unchanged.

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