KOSPI Recovers to 1930 Level with Two Consecutive Days of Gains Driven by Individual and Institutional Net Buying... KOSDAQ Slightly Lower

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[Asia Economy Reporter Eunmo Koo] The KOSPI index rose for the second consecutive day, recovering the 1930 level, driven by net buying from individual and institutional investors. In contrast, the KOSDAQ index remained near the 640 level with a slight decline due to net selling by foreign and institutional investors.

On the 28th, the KOSPI closed at 1934.09, up 11.32 points (0.59%) from the previous day. The KOSPI started the day higher, showed mixed movements during the session, and after turning upward around 1:30 PM, it slightly extended its gains to close near the 1930 level.

Looking at trading trends by participant, individual and institutional investors were net buyers of 84.4 billion KRW and 22.5 billion KRW respectively, leading the index's rise. Conversely, foreign investors were net sellers of 127.1 billion KRW.

By sector, retail (2.59%), construction (2.23%), banking (1.29%), and finance (1.15%) rose, while transportation and warehousing (-1.18%) and pharmaceuticals (-0.76%) declined.

Among the top market capitalization stocks, Samsung C&T (2.81%), LG Chem (2.55%), POSCO (2.01%), Hyundai Motor (1.75%), SK Hynix (0.97%), and Kakao (0.54%) increased. On the other hand, LG Household & Health Care (-1.72%) and Celltrion (-1.65%) fell.

In the KOSPI market, 492 stocks rose, including 5 stocks hitting the daily upper limit, while 343 stocks declined with no stocks hitting the daily lower limit. 67 stocks remained unchanged.

The KOSDAQ index closed slightly lower. Although it started the day higher and briefly recovered above the 650 level early in the session, it soon turned downward and maintained a decline of around 0.5%, closing at 644.93, down 1.93 points (0.30%) from the previous day.

By trading participant, foreign and institutional investors were net sellers of 124.2 billion KRW and 58.9 billion KRW respectively, while individual investors were net buyers of 199.3 billion KRW.

By sector, broadcasting services (4.25%), medical and precision instruments (2.44%), and entertainment and culture (2.01%) rose, while transportation (-2.13%), pharmaceuticals (-1.31%), and retail (-1.26%) declined.

Among the top market capitalization stocks, CJ ENM (5.69%), Paradise (4.25%), and EcoPro BM (0.55%) rose, whereas Genexine (-7.60%), Seegene (-3.33%), Helixmith (-2.37%), and Celltrion Healthcare (-1.97%) declined.

In the KOSDAQ market, 533 stocks rose, including 2 stocks hitting the daily upper limit, while 686 stocks declined with no stocks hitting the daily lower limit. 106 stocks remained unchanged.

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