KOSPI Rises for Two Consecutive Days... Gains 1.26% to Settle Above 2080 Level
KOSDAQ Also Rises 1.32%... Reaches the 650 Level
[Asia Economy Reporter Minwoo Lee] The KOSPI index, supported by individual investors' buying momentum, rose for the second consecutive day, settling in the mid-2080 range.
On the 5th, the KOSPI closed at 2085.26, up 1.26% (25.93 points) from the previous day. After opening 0.91% higher than the previous day, it steadily maintained a rise of around 1%.
By trading participants, individuals were net buyers with 320.1 billion KRW. In contrast, foreigners and institutions were net sellers with 129.4 billion KRW and 218.1 billion KRW, respectively.
By sector, all sectors except banks, which fell 0.60%, rose. Pharmaceuticals increased the most by 2.92%, followed by distribution (2.42%), construction (2.41%), and textiles & apparel (2.32%).
All of the top 10 market capitalization stocks also rose. Celltrion had the largest gain at 4.30%, followed by LG Chem (3.57%), Samsung SDI (2.70%), and LG Household & Health Care (2.29%).
Overall, a total of 713 stocks rose, including 2 stocks that hit the upper price limit. 52 stocks remained unchanged, and 142 stocks declined. No stocks hit the lower price limit.
The KOSDAQ showed a similar trend on the same day. After opening 0.94% higher than the previous day, it maintained a steady upward trend and closed at 650.19, up 1.32% (8.46 points) from the previous day.
Again, individual investors dominated the buying. Individuals were net buyers with 146.9 billion KRW, while foreigners and institutions were net sellers with 80.2 billion KRW and 55.1 billion KRW, respectively.
Most sectors showed an upward trend. Transportation had the largest increase at 2.76%, followed by pharmaceuticals (2.32%), general electric & electronics (1.92%), non-metallic minerals (1.65%), and semiconductors (1.58%). In contrast, textiles & apparel (0.82%), other manufacturing (0.43%), transportation equipment & parts (0.20%), and broadcasting services (0.17%) declined.
Most of the top 10 market capitalization stocks also rose. Celltrion Healthcare rose 4.31%, followed by SK Materials (2.22%), KMH (1.38%), and Studio Dragon (1.02%). In contrast, EcoPro BM (1.73%), HLB (1.66%), and CJ ENM (0.23%) declined.
Hot Picks Today
"Why Is the Korean Stock Market Surging?"... Even Italy Is Astonished by the KOSPI Rally
- "Invested 95% in Hynix and Reached 10 Billion Won"... Japanese Investor's Proof Post Goes Viral
- Even with High Oil Price Relief Payment, Additional 300,000 Won Per Person to Be Provided... Applications Open from the 18th in This Region
- "You Don't Need to Go to the Gym": The Best Exercises for Lowering Hypertension
- "That Thing Wakes Up Every Night" ... Suspicious Object Covers Rural Village
In the overall KOSDAQ market, a total of 981 stocks rose, including 3 stocks hitting the upper price limit. 88 stocks remained unchanged, and 278 stocks declined. No stocks hit the lower price limit.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.