Rising Start for KOSPI... Maintaining 1980 Level Amid Buying by Individuals and Institutions

KOSDAQ Also Maintains Above 710 Level

[Image source=Yonhap News]

[Asia Economy Reporter Minwoo Lee] The KOSPI, which fell more than 1% in the last session last week, opened higher thanks to buying pressure from individuals and institutions. The KOSDAQ also showed an upward trend, maintaining the mid-710 range.

On the 25th, the KOSPI index opened at 1980.51, up 0.53% (10.38 points) from the previous trading day. As of 9:17 a.m., it was up 0.59% from the previous close at 1982.22. In the securities market, foreigners were net sellers of 29.9 billion KRW, while individuals and institutions were net buyers of 6.9 billion KRW and 25.4 billion KRW, respectively.

Most sectors are on the rise. The electric and gas industry showed the largest increase at 1.72%. This was followed by telecommunications (1.11%), services (1.01%), and textiles and apparel (0.99%). On the other hand, precision medical (-0.39%), non-metallic minerals (-0.34%), electrical and electronics (-0.19%), and banking (-0.13%) declined.

Most of the top 10 market capitalization stocks are also rising. Kakao rose 2.2%, showing the largest increase. NAVER, in the same sector, also rose 1.9%. This was followed by Samsung SDI (0.9%), Samsung Biologics (0.6%), and LG Chem (0.5%). Meanwhile, Celltrion (-0.6%), SK Hynix (-0.2%), and Samsung Electronics (-0.1%) declined.

The KOSDAQ index opened at 712.88, up 0.61% (4.30 points) from the previous trading day, and is showing a slight upward trend. As of 9:17 a.m., it recorded 714.50, up 0.86% from the previous day. In the KOSDAQ market, foreign buying pressure is strong. Foreigners were net buyers of 30.1 billion KRW, while individuals and institutions were net sellers of 27.1 billion KRW and 3.2 billion KRW, respectively.

By sector, transportation equipment and parts showed the largest increase at 1.58%. This was followed by food and tobacco (1.52%), software (1.30%), and digital content (0.88%). On the other hand, telecommunications equipment fell 0.60%. Construction (-0.30%), paper and wood (-0.29%), and computer services (-0.18%) also showed a downward trend.

Most of the top 10 market capitalization stocks are on the rise. Ecopro BM showed the largest increase at 3.9%. This was followed by HLB (2.4%), Alteogen (1.7%), and Studio Dragon (0.6%). KMV was the only stock showing a downward trend, falling 1.0% from the previous trading day.

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