KOSPI Starts Higher on Net Buying by Individuals and Foreigners
[Asia Economy Reporter Park Ji-hwan] The KOSPI opened slightly higher above the 2220 level, supported by net buying from individuals and foreigners. The index is continuing its strong trend, at one point surpassing the 2230 level.
On the 12th, the KOSPI index started the session at 2225.95, up 2.83 points (0.13%) from the previous trading day (2223.12). As of 9:18 a.m., the KOSPI recorded 2228.59, up 5.66 points (0.25%) from the previous close.
By investor type, individuals and foreigners net bought 47.1 billion KRW and 5.4 billion KRW respectively. Institutions are net selling with 51.4 billion KRW.
By sector, many sectors including Food & Beverage (0.88%), Transportation Equipment (1.22%), and Electrical & Electronics (0.34%) are showing upward trends.
Among the top 10 market capitalization stocks, SK Hynix (0.70%), Samsung Biologics (0.57%), and Hyundai Motor (1.89%) rose, while Naver (-0.27%), LG Chem (-1.93%), and Samsung SDI (-1.31%) declined.
The KOSDAQ index opened at 683.26, up 0.92 points (0.13%) from the previous trading day (682.34). At the same time, KOSDAQ was recording 683.96, up 1.60 points.
By investor type, individuals net bought 20.2 billion KRW, while foreigners and institutions net sold 14.1 billion KRW and 5.7 billion KRW respectively. By sector, many sectors including Telecommunications Equipment (3.53%), Leisure & Culture (0.62%), and Broadcasting Services (0.29%) are rising.
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