KOSPI Ends Higher After Three Days on Net Buying by Individuals and Foreigners... KOSDAQ Recovers to 670 Level

[Image source=Yonhap News]

[Asia Economy Reporter Koo Eun-mo] The KOSPI rebounded after three days, closing higher thanks to net buying by individual and foreign investors. The KOSDAQ index also recovered above the 670 level, supported by individual investors' buying.

On the 29th, the KOSPI started higher, showing mixed trends in the early session but maintaining a rise of around 0.5% after 10 a.m., closing at 2,185.28, up 8.56 points (0.39%) from the previous day.

Looking at trading trends by participant, individual and foreign investors net bought 373.3 billion KRW and 99.7 billion KRW respectively. In contrast, institutional investors net sold 497.8 billion KRW.

By sector, medical precision (1.34%), chemicals (1.00%), and distribution (0.94%) rose, while insurance (-1.07%), machinery (-0.86%), and pharmaceuticals (-0.72%) declined.

Among the top market capitalization stocks, LG Household & Health Care (3.43%), SK Hynix (1.66%), Samsung C&T (1.34%), NAVER (0.84%), and Samsung SDI (0.70%) rose, whereas Hyundai Mobis (-2.24%), Shinhan Financial Group (-0.87%), and Samsung Biologics (-0.61%) fell.

On the day, 517 stocks rose in the KOSPI market, including one stock hitting the upper limit, while 305 stocks declined with no stocks hitting the lower limit. 88 stocks remained unchanged.

The KOSDAQ index also rose nearly 1%, recovering above 670, driven by individual investors' buying. The KOSDAQ started higher and maintained a rise of around 1% during the session, closing at 670.18, up 5.48 points (0.82%) from the previous trading day.

By trading participant, individual investors net bought 79.4 billion KRW, leading the index's rise. Meanwhile, foreign and institutional investors net sold 49.2 billion KRW and 11.7 billion KRW respectively.

By sector, medical and precision instruments (2.96%), distribution (2.76%), and entertainment and culture (2.42%) rose, while textiles and apparel (-0.43%), other manufacturing (-0.37%), and transportation equipment and parts (-0.26%) declined.

Among the top market capitalization stocks, Medison (6.64%), Celltrion Healthcare (5.85%), Studio Dragon (4.05%), Hugel (2.38%), and Medytox (1.59%) rose. In contrast, HL Biopharma (-1.67%), Helixmith (-0.50%), and SK Materials (-0.31%) fell.

On the day, 781 stocks rose in the KOSDAQ market, including two stocks hitting the upper limit, while 450 stocks declined with no stocks hitting the lower limit. 115 stocks remained unchanged.

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