KOSPI Starts Upward at 1693.53... Mixed Trends in Early Trading Session

[Asia Economy Reporter Minji Lee] The KOSPI is showing mixed trends, fluctuating in the early trading session.

At 9:18 a.m. on the 2nd, the KOSPI stood at 1683.25, down 0.13% (2.21 points) from the previous session. The KOSPI opened at 1693.53, up 0.48% (8.07 points) from the previous session, but turned downward due to selling pressure from foreigners and institutions.

In the market, institutions and foreigners sold stocks worth 8.5 billion KRW and 31.9 billion KRW respectively. Meanwhile, individual investors alone are net buying stocks worth 69.6 billion KRW.

By sector, the largest gains were seen in services (0.93%), paper and wood (1.54%), electrical and electronics (0.20%), and food and beverages (0.73%).

Among the top market capitalization stocks, Samsung Electronics is trading at 46,000 KRW, up 0.44% from the previous session. SK Hynix (0.26%), Samsung Biologics (1.44%), Naver (2.15%), and LG Household & Health Care (1.40%) are also on the rise. On the other hand, Celltrion (-5.81%) and Hyundai Motor (-0.94%) are declining.

The KOSDAQ index at the same time stood at 553.24, up 0.25% (1.40 points) from the previous session. The index started the day at 555.40, up 0.64% (3.56 points) from the previous session.

In the market, individuals and institutions bought stocks worth 2.1 billion KRW and 14.7 billion KRW respectively. Foreigners sold stocks worth 14.4 billion KRW.

By sector, the largest gains were seen in internet (2.88%), digital content (2.53%), broadcasting services (1.10%), telecommunications equipment (1.14%), and semiconductors (1.24%).

Among the top market capitalization stocks, Celltrion Healthcare is trading at 74,500 KRW, down 5.82% from the previous session. Other stocks such as HL Biopharma (4.94%), Pearl Abyss (2.02%), KMW (6.02%), Studio Dragon (2.43%), and CJ ENM (1.33%) are on the rise.

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