KOSPI rebounds after three days with buying from individuals and institutions... recovers 1960 level
[Asia Economy Reporter Park Ji-hwan] The KOSPI closed higher for the first time in three days, supported by buying from individual and institutional investors.
On the 10th, the KOSPI closed at 1962.93, up 0.42% (8.16 points) from the previous trading day. The index opened at 1942.85, down 11.92 points (0.61%) from the previous day, and even fell below the 1940 level in early trading. Afterwards, it fluctuated around the 1950 level before closing strong near the end of the session.
On the Korea Stock Exchange, individuals and institutions led the index rise with net purchases of 305.4 billion KRW and 614.1 billion KRW, respectively. Meanwhile, foreign investors net sold 985.1 billion KRW.
By sector, food and beverages (-0.23%), textiles and apparel (-0.20%), and paper and wood (-2.30%) declined. Chemicals (0.85%), distribution (0.15%), and construction (0.08%) showed slight gains. Pharmaceuticals rose 1.45%, showing a relatively high rate of change.
Among the top market capitalization stocks, the leading stock Samsung Electronics rose 0.74% compared to the previous day. Other gainers included SK Hynix (2.53%), Samsung Biologics (0.40%), and Naver (2.38%). On the other hand, LG Chem (-0.13%) and Hyundai Motor (-1.92%) declined.
The KOSDAQ closed at 619.97, up 0.87% (5.37 points) from the previous session. The index opened at 606.89, down 7.71 points (1.25%) from the previous day, fluctuated throughout the day, and showed an upward curve near the close.
On the KOSDAQ market, individuals net sold 124.9 billion KRW. In contrast, foreign investors and institutions net bought 37.5 billion KRW and 113.4 billion KRW, respectively.
By sector, IT composite (1.64%), entertainment and culture (1.99%), construction (0.30%), distribution (1.51%), and finance (0.73%) rose. Meanwhile, transportation (-0.43%) and metals (-0.49%) declined.
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Among the top 10 market capitalization stocks, all rose except for Hugel (-0.30%). On this day, Celltrion Healthcare (1.95%), HL Biopharma (6.19%), CJ ENM (0.34%), Pearl Abyss (4.45%), Studio Dragon (2.28%), and KMW (3.27%) increased.
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