KOSPI Starts Up at 2245.72 on Foreign Buying Momentum

[Image source=Yonhap News]

[Asia Economy Reporter Minji Lee] The KOSPI is showing an upward trend due to foreign investors' buying momentum.

At 9:07 a.m. on the 12th, the KOSPI stood at 2,248.06, up 9.68 points (0.43%) from the previous session. The index opened at 2,245.72, up 7.34 points (0.33%) from the previous trading day.

By investor type, only foreign investors are buying stocks worth 45.6 billion KRW. Individuals and institutions are net selling stocks worth 4 billion KRW and 47.7 billion KRW, respectively.

By sector, many sectors are showing gains, including Pharmaceuticals (1.07%), Electrical & Electronics (1.03%), Paper & Wood (1.01%), and Chemicals (0.58%).

Among the top 10 companies by market capitalization, Samsung Electronics (1.32%), SK Hynix (1.50%), Samsung Biologics (0.75%), LG Chem (2.21%), Hyundai Motor (0.37%), Samsung SDI (1.04%), and Celltrion (2.87%) rose. Hyundai Mobis (-0.82%) declined.

At the same time, the KOSDAQ index is trading at 691.32, up 4.73 points (0.69%) from the previous session. The index opened at 689.54, up 2.95 points (0.43%) from the previous session.

By investor type, only individuals are buying stocks worth 19.3 billion KRW, while foreign investors and institutions are net selling stocks worth 10.6 billion KRW and 7.6 billion KRW, respectively.

By sector, Retail (2.35%), Telecommunications Equipment (1.83%), Transportation (1.58%), Paper & Wood (1.38%), and Textiles & Apparel (1.23%) are recording gains.

Among the top 10 companies by market capitalization, the leading stock Celltrion Healthcare is trading at 64,100 KRW, up 4.06% from the previous session. HL Biopharma (0.56%), CJ ENM (2.44%), Pearl Abyss (2.01%), Studio Dragon (0.12%), and KMW (1.07%) are also showing upward trends.

On the other hand, Medytox (-0.8%), Hugel (-1.4%), and EcoPro BM (-0.91%) are showing declines.

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