KOSPI Closes Up at 2243.59 on Foreign Buying... KOSDAQ Also Rises

[Asia Economy Reporter Oh Ju-yeon] The domestic stock market closed slightly higher on the 14th, driven by purchases from foreign investors.

On this day, the KOSPI closed at 2243.59, up 0.48% from the previous trading day. Foreign investors bought stocks worth 94.3 billion KRW, leading the index's rise. Individuals and institutions sold stocks worth 0.8 billion KRW and 108.8 billion KRW, respectively.

Among the top market capitalization stocks, Samsung Electronics (1.81%), SK Hynix (2.45%), NAVER (1.08%), LG Chem (0.49%), and Hyundai Motor (0.38%) rose, while Samsung Biologics (-0.19%) closed lower.

The KOSDAQ index rose slightly by 0.19% to 688.91 compared to the previous trading day. Individuals and foreign investors bought stocks worth 12.6 billion KRW and 31.2 billion KRW, respectively, while institutions sold a net 34.7 billion KRW.

Among the top market capitalization stocks, Celltrion Healthcare (2.35%) and KMH (5.34%) rose, while HL Biopharma (-2.62%), CJ ENM (-7.11%), and Studio Dragon (-2.33%) closed lower.

Lee Kyung-min, a researcher at Daishin Securities, stated, "Global stock markets, including the KOSPI, have already succeeded in a V-shaped rebound," adding, "It is now time to verify the economic indicators from January and February (psychological indicators), which partially reflect the fear of the infectious disease itself rather than the uncertainty of the novel coronavirus infection (COVID-19)."

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