KOSPI Closes at 1860 Level on Individual Net Buying... KOSDAQ Ends Lower After 7 Trading Days

[Image source=Yonhap News]

[Asia Economy Reporter Koo Eun-mo] The KOSPI closed the week above the 1860 level, rising for the second consecutive day due to net buying by individual investors. In contrast, the KOSDAQ index fell for the first time in seven trading days, pressured by net selling from foreigners and institutions.

On the 10th, the KOSPI closed at 1860.70, up 24.49 points (1.33%) from the previous day. Although the KOSPI started lower, it fluctuated around the 1830 level throughout the morning session before gradually gaining momentum in the afternoon to finish near 1860.

Looking at trading trends by participant, individual investors led the index's rise with net purchases of 254.1 billion KRW. Meanwhile, foreign investors continued their 27-day streak of net selling with 55.3 billion KRW sold, and institutional investors also sold a net 208.6 billion KRW.

By sector, insurance (8.79%), pharmaceuticals (6.01%), steel and metals (4.30%), and electric and gas utilities (4.24%) rose, while paper and wood products (-2.47%), food and beverages (-1.28%), and medical precision instruments (-0.76%) declined.

Among the top market capitalization stocks, Samsung Biologics surged 16.82%, followed by POSCO (8.21%), Samsung C&T (5.96%), Hyundai Motor (2.68%), and Hyundai Mobis (1.69%). Conversely, LG Household & Health Care (-3.19%), SK Hynix (-1.06%), Samsung SDI (-0.99%), and NCSOFT (-0.76%) fell.

On the day, 466 KOSPI stocks rose without any hitting the upper limit, 386 stocks declined without any hitting the lower limit, and 46 stocks remained unchanged.

The KOSDAQ index closed down for the first time in seven trading days due to net selling by foreigners and institutions. After opening higher, the KOSDAQ showed mixed movements in the early session before turning lower around 11 a.m., at one point dipping into the 500 range. It later narrowed losses to close at 611.26, down 4.69 points (0.76%) from the previous day.

By participant, foreigners and institutions sold a net 137.1 billion KRW and 108.6 billion KRW respectively, while individual investors bought a net 249.7 billion KRW.

By sector, broadcasting services (3.87%), entertainment and culture (3.45%), and transportation (1.62%) rose, while textiles and apparel (-3.02%), internet (-2.47%), and computer services (-2.25%) declined.

Among the top market cap stocks, CJ ENM (5.47%), Studio Dragon (4.31%), Helixmith (2.40%), and Hugel (2.28%) advanced. Meanwhile, Komipharm (-8.05%), Seegene (-3.44%), HLB (-2.01%), and Celltrion Healthcare (-1.12%) fell.

On the day, 426 KOSDAQ stocks rose, including five hitting the upper limit, 827 stocks declined without any hitting the lower limit, and 73 stocks remained unchanged.

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