KOSPI Recovers to 1700 Level on Global Economic Stimulus Hopes... KOSDAQ Returns to 500 Level
[Asia Economy Reporter Eunmo Koo] As countries' policy responses for economic stimulus have intensified, the KOSPI continued its strong rebound for the second consecutive day, regaining the 1700 level. The KOSDAQ index also maintained its upward momentum from the previous day, returning to the 500 level.
On the 25th, the KOSPI closed at 1704.76, up 94.79 points (5.89%) from the previous day. The KOSPI started the day higher, steadily increasing its gains throughout the session, and expanded its rise just before the close to recover the 1700 mark.
Looking at trading trends by investor type, individual investors, who had turned to selling after 14 trading days the day before, switched back to buying in just one day, leading the index's rise. On this day, individuals net bought 451.9 billion KRW, while foreign investors continued selling with a net sale of 336 billion KRW. Institutional investors also net sold 105.3 billion KRW.
By sector, securities (14.56%), transportation equipment (12.51%), insurance (11.58%), and finance (11.28%) rose.
Among the top market capitalization stocks, Hyundai Mobis (17.30%), Hyundai Motor (12.97%), and POSCO (10.65%) recorded double-digit gains, while Samsung C&T (7.53%), SK Hynix (7.37%), and LG Chem (6.77%) also rose significantly. Conversely, LG Household & Health Care (-2.10%), Celltrion (-0.54%), and Samsung Biologics (-0.21%) declined.
In the KOSPI market that day, 872 stocks rose, including 6 stocks that hit the upper price limit, 33 stocks fell with no stocks hitting the lower price limit, and 6 stocks remained unchanged.
The KOSDAQ index also gained strength toward the end of the session, recovering the 500 level. The KOSDAQ started higher and maintained a rise of around 4% during the day, then expanded its gains in the late session to close at 505.68, up 25.28 points (5.26%) from the previous trading day.
By investor type, individual and institutional investors net bought 84.4 billion KRW and 2.2 billion KRW respectively, lifting the index. Meanwhile, foreign investors net sold 85.8 billion KRW.
Most sectors rose, including machinery and equipment (8.57%), publishing and media replication (7.85%), metals (7.67%), and medical and precision instruments (7.16%).
Among the top market capitalization stocks, Seegene surged 29.94%, CJ ENM (9.22%), Celltrion Pharm (5.24%), Genexine (4.86%), HLB (3.96%), and Komipharm (3.65%) also rose. Conversely, Studio Dragon (-2.14%) and Celltrion Healthcare (-1.47%) declined.
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In the KOSDAQ market that day, 1,273 stocks rose, including 23 stocks hitting the upper price limit, 52 stocks fell with no stocks hitting the lower price limit, and 30 stocks remained unchanged.
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