KOSPI Opens Higher at 1960 Level... Fluctuates Around Steady Range
[Asia Economy Reporter Geum Bo-ryeong] On the 11th, the KOSPI opened higher but has been fluctuating within a narrow range between gains and losses.
As of 9:25 a.m., the KOSPI stood at 1960.23, down 2.70 points (0.14%) from the previous session.
The KOSPI opened at 1965.67, up 2.74 points (0.14%) from the previous trading day, but soon turned downward. Since then, it has been moving up and down within a narrow range.
In the securities market, individual investors net bought stocks worth 265.3 billion KRW. Conversely, foreigners and institutions net sold 119.7 billion KRW and 160.7 billion KRW, respectively.
By sector, steel and metals (0.97%) and transportation equipment (0.91%) rose, while food and beverages (1.11%) and electrical and electronics (1.33%) declined.
Among the top 10 by market capitalization, Samsung Biologics (0.4%), Hyundai Motor (0.49%), and Samsung SDI (1.02%) were on the rise. In contrast, Samsung Electronics (1.47%), SK Hynix (1.8%), NAVER (0.87%), LG Chem (0.4%), and Celltrion (1.66%) were falling.
The KOSDAQ showed a similar trend to the KOSPI. At the same time, the KOSDAQ recorded 619.53, down 0.44 points (0.07%) from the previous session.
The KOSDAQ opened at 621.12, up 1.15 points (0.19%) from the previous close, and has been alternating between gains and losses.
In the KOSDAQ market, individuals net bought 107.8 billion KRW, while foreigners and institutions net sold 76.3 billion KRW and 30.8 billion KRW, respectively.
By industry, telecommunications equipment (1.38%) and publishing and media replication (1.49%) rose, while semiconductors (1.15%) and chemicals (0.22%) declined.
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Among the top market capitalization stocks in the KOSDAQ, KMV (0.59%) and Seegene (9.14%) rose, while Celltrion Healthcare (0.88%), HLB (1.94%), CJ ENM (1.28%), Pearl Abyss (1.53%), and Studio Dragon (1.31%) declined.
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