KOSPI Continues Fluctuating Trend... Closes Steady at 2180 Level

As the KOSPI started with an increase of over 1%, breaking the 2,200 mark intraday for the first time in three and a half months since the end of February, employees are working in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul on the 8th. Photo by Kim Hyun-min kimhyun81@

[Asia Economy Reporter Park Jihwan] On the 8th, the KOSPI fluctuated around the '2180 level' and closed slightly higher.

On that day, the KOSPI closed at 2184.29, up 2.42 points (0.11%) from the previous trading day. The KOSPI opened at 2215.60, up 33.73 points (1.55%) from the previous day. After the index surged 33.73 points at the start, it traded above the 2210 level in the early session but gradually gave up the gains as time passed. It appears that institutions realized profits by selling off large volumes.

In the securities market, individuals and foreigners net bought 375.5 billion KRW and 11.4 billion KRW respectively, while institutions net sold 367.8 billion KRW.

By sector, chemicals (0.19%), pharmaceuticals (0.79%), and transportation equipment (1.19%) rose, while electrical and electronics (-0.52%) and food and beverages (-0.42%) declined.

Among the top 10 companies by market capitalization, Samsung Electronics (-1.08%), Samsung Biologics (-0.15%), and LG Household & Health Care (-1.57%) fell. SK Hynix (0.66%), NAVER (4.11%), and Kakao (2.19%) rose.

The KOSDAQ closed at 753.04, up 3.73 points (0.50%) from the previous trading day. The index opened at 754.12, up 4.81 points (0.64%) from the previous day.

By sector, construction (-0.44%) and finance (-1.51%) declined, while distribution (1.80%) and transportation (0.73%) rose.

Among the top market capitalization companies in the KOSDAQ market, Celltrion Healthcare (2.42%), Alteogen (3.16%), and Seegene (4.89%) rose significantly. On the other hand, HLB (-4.10%), Celltrion Pharm (-2.61%), and CJ ENM (-0.16%) fell.

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