KOSPI Closes Higher for Second Day on Institutional Buying... Recovers 2230 Level

[Image source=Yonhap News]

[Asia Economy Reporter Park Jihwan] The KOSPI closed higher for the second consecutive day on the 12th, supported by institutional buying.

On this day, the KOSPI closed at 2,238.38, up 15.26 points (0.69%) from the previous trading day. The index opened at 2,225.95, up 2.83 points (0.13%) from the previous day, and surpassed the 2,230 level early in the session. It then fell to as low as 2,214.77 before fluctuating around the 2,220 level and gaining upward momentum in the afternoon.

By investor type, individuals and institutions were net buyers of 46.5 billion KRW and 148.9 billion KRW, respectively. Conversely, foreigners were net sellers of 216.7 billion KRW.

By sector, most sectors rose, including transportation equipment (1.52%), transportation and warehousing (1.47%), telecommunications (1.21%), distribution (1.11%), and finance (0.79%).

Among the top 10 companies by market capitalization, eight stocks rose, except for LG Chem (-1.33%) and Samsung SDI (-1.46%).

The KOSDAQ closed at 686.59, up 4.25 points (0.62%) from the previous session.

By investor type, individuals were net buyers of 19.9 billion KRW, while foreigners and institutions were net sellers of 8.2 billion KRW and 5.5 billion KRW, respectively.

By sector, many sectors rose, including transportation (6.10%), telecommunications equipment (3.69%), general electric and electronics (1.95%), machinery equipment (1.71%), and semiconductors (1.53%).

Among the top 10 companies by market capitalization, Celltrion Healthcare (1.15%), Studio Dragon (1.33%), and KMW (3.88%) rose. Meanwhile, HLB (-0.28%), CJ ENM (-0.92%), and Pearl Abyss (-1.36%) declined.

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