KOSPI Slightly Rises to Recover 1940 Level... "High Possibility of Selling Pressure"

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[Asia Economy Reporter Geum Bo-ryeong] On the morning of the 29th, the KOSPI showed a slight upward trend.

As of 9:20 AM that day, the KOSPI recorded 1,943.34, up 9.25 points (0.48%) from the previous session.

The KOSPI opened at 1,936.89, up 2.80 points (0.14%) compared to the previous trading day, continuing its upward momentum.

In the securities market, individuals sold a net amount of 30.6 billion KRW. On the other hand, foreigners and institutions bought net amounts of 29.7 billion KRW and 0.9 billion KRW, respectively.

By sector, chemicals (1.44%), steel & metals (1.3%), and transportation equipment (1.17%) rose, while pharmaceuticals (0.22%) and electric & gas utilities (0.31%) declined.

Among the top 10 companies by market capitalization, SK Hynix (0.36%), LG Chem (1.79%), and LG Household & Health Care (1.39%) rose, while Samsung Electronics (0.3%), Samsung Biologics (0.51%), and Celltrion (0.24%) fell.

Seosangyoung, a researcher at Kiwoom Securities, explained, "The Korean stock market is in a process of differentiation by stock, and due to uncertainties surrounding several major issues during the holiday, there is a high possibility of selling pressure."

At the same time, the KOSDAQ index also rose 2.25 points (0.35%) from the previous trading day to 647.18.

The KOSDAQ opened at 646.33, up 1.40 points (0.22%) compared to the previous session.

In the KOSDAQ market, individuals bought a net amount of 27.3 billion KRW, while foreigners and institutions sold net amounts of 16.6 billion KRW and 10.5 billion KRW, respectively.

By sector, finance (1.16%) and metals (1.12%) rose, while internet (0.84%) declined.

Among the top market cap companies, CJ ENM (3.46%) and Studio Dragon (0.13%) rose, but Celltrion Healthcare (0.59%), HLB (0.1%), and Pearl Abyss (1.26%) fell.

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