KOSPI Ends Higher on Foreign and Institutional Buying... Recovers '1940 Level'

[Image source=Yonhap News]

[Asia Economy Reporter Ji-hwan Park] On the 8th, the KOSPI closed higher, supported by simultaneous buying from institutions and foreigners.

On that day, the KOSPI closed at 1,945.82, up 0.89% (17.21 points) from the previous session. The KOSPI started at 1,944.94, up 0.85% from the previous day, followed by simultaneous buying from foreigners and institutions.

By investor type, individuals sold stocks worth 244.3 billion KRW. In contrast, foreigners and institutions net bought 173.9 billion KRW and 45.4 billion KRW, respectively.

By sector, chemicals (0.71%), machinery (0.91%), and pharmaceuticals (3.10%) rose, while food and beverages (-0.79%) and electric and gas utilities (-0.15%) declined.

Among the top market capitalization stocks, SK Hynix (3.16%), Samsung Biologics (3.70%), and Celltrion (3.19%) rose. Meanwhile, Naver (-0.70%) and LG Chem (-0.42%) fell.

The KOSDAQ also closed at 682.30, up 2.11% (14.13 points) from the previous session.

Individuals recorded net sales of 199.1 billion KRW. Meanwhile, foreigners and institutions bought stocks worth 73.8 billion KRW and 135.2 billion KRW, respectively, lifting the index.

By sector, construction (0.77%), distribution (2.75%), transportation (1.13%), and finance (1.49%) rose.

Among the top market capitalization stocks, Celltrion Healthcare closed at 88,800 KRW, up 3.77% from the previous session. Additionally, HLB (2.14%) and Pearl Abyss (5.37%) rose, while CJ ENM (-1.23%) and Hugel (-0.47%) declined.

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