KOSPI Recovers to 1700 Level on Buying by Individuals and Institutions

[Asia Economy Reporter Minji Lee] The KOSPI recovered to the 1700 level due to buying pressure from individual and institutional investors.

At 12:40 PM on the 2nd, the KOSPI was at 1712.39, up 1.60% (26.93 points) from the previous session. In the market, individual investors purchased stocks worth 299.1 billion KRW. Institutions also had a net purchase of 84.7 billion KRW, while foreigners were the sole net sellers with 364.4 billion KRW.

By sector, insurance (6.08%), construction (4.43%), services (3.72%), and finance (2.53%) showed significant gains.

Among the top market capitalization stocks, Samsung Electronics (1.42%), SK Hynix (1.15%), Samsung Biologics (2.76%), and Naver (6.13%) rose. Conversely, Celltrion (-2.53%) and LG Chem (-2.05%) declined.

The KOSDAQ index at the same time was at 559.42, up 1.37% (27.58 points) from the previous session. In the market, individuals and institutions bought stocks worth 26.9 billion KRW and 43.9 billion KRW respectively. Foreigners sold a net 63.0 billion KRW.

By sector, internet (4.97%), digital content (4.81%), IT software & services (3.96%), software (3.60%), and telecommunications services (3.34%) showed notable increases.

Among the top market capitalization stocks, HL Biopharma (4.61%), Pearl Abyss (6.40%), Studio Dragon (3.58%), KMV (4.38%), and CJ ENM (2.55%) rose. Meanwhile, Celltrion Healthcare (-4.81%), Seegene (-5.39%), and Celltrion Pharm (-5.95%) declined.

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