KOSPI Starts Slightly Lower... Maintains 1900 Level

Individual Investors' Net Buying of 1.4 Trillion Won Since the Start of the Year

[Image source=Yonhap News]

[Asia Economy Reporter Minwoo Lee] The KOSPI opened slightly lower compared to the previous session. However, strong buying by individual investors is maintaining the 1900 level.

As of 9:14 AM on the 20th, the KOSPI was at 1913.58, down 0.05% (0.95 points) from the previous close. It opened at 1908.34, down 0.32% (6.19 points) from the previous session.

In the securities market, individuals net purchased 14,205.7 billion KRW. Conversely, foreigners and institutions net sold 1,154.5 billion KRW and 371.6 billion KRW, respectively.

By sector, there is a mixed situation of gains and losses. Electric and gas utilities (1.11%), textiles and apparel (1.06%), non-metallic minerals (0.99%), and telecommunications (0.92%) rose. Meanwhile, banks (1.73%), electrical and electronics (1.00%), and transportation equipment (0.51%) declined.

Most of the top 10 market capitalization stocks are falling. SK Hynix had the largest drop at 1.55%. Following were Celltrion (1.18%), Hyundai Motor (1.09%), and Samsung Electronics (0.78%). On the other hand, NAVER and Samsung SDI rose by 0.56% and 0.52%, respectively.

On the same day, the KOSDAQ opened at 635.49, up 0.11% (0.70 points) from the previous session. As of 9:14 AM, it was at 639.06, up 0.67% (4.27 points).

In the KOSDAQ market as well, individual investors showed strong net buying. Individuals net purchased 982 billion KRW, while foreigners and institutions net sold 340.4 billion KRW and 404.9 billion KRW, respectively.

The KOSDAQ also shows mixed sectors of gains and losses. Computer services (3.04%), pharmaceuticals (@.03%), other manufacturing (1.19%), and transportation (0.68%) are rising. Meanwhile, paper and wood (3.10%), broadcasting services (1.06%), and semiconductors (0.75%) are declining.

Most of the top 10 market capitalization sectors are falling. Studio Dragon had the largest drop at 2.71%. Following were HL Biopharma (1.52%), Pearl Abyss (1.21%), and Celltrion Pharm (1.13%). On the other hand, Hugel rose 18.50% from early trading. Seegene and Helixmith also rose 9.07% and 1.06%, respectively.

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