KOSPI 'Reverses to Decline' at 2170 Level...Increase in Individual Net Buying Pressure

On the 9th, dealers are working in the Hana Bank dealing room in Jung-gu, Seoul. The KOSPI index started at 2206.23, up 21.94 points (1.00%) from the previous trading day, but reversed to a decline from 10:03 a.m.

/Photo by Jinhyung Kang aymsdream@

[Asia Economy Reporter Kum Boryeong] On the 9th, the KOSPI index, which had surpassed the 2210 level, reversed to a decline.

At 10:20 a.m. that day, the KOSPI index was at 2179.84, down 4.45 points from the previous trading day.

The KOSPI opened at 2206.23, up 21.94 points (1.00%) from the previous trading day, continued its strong performance, but shifted to a downward trend after 10:03 a.m. During the session, the KOSPI rose as high as 2212.17.

In the securities market, individual investors net bought stocks worth 142 billion KRW. On the other hand, foreigners and institutions net sold 71.1 billion KRW and 82.3 billion KRW, respectively.

Looking at sector indices, pharmaceuticals (0.43%) and electric & gas utilities (0.44%) rose, while steel & metals (1.83%) and machinery (1.95%) declined.

Among the top 10 companies by market capitalization, Samsung Electronics (0.18%), SK Hynix (1.1%), NAVER (1.66%), and LG Chem (1.84%) fell, while Samsung Biologics (0.6%), Celltrion (0.59%), and Samsung SDI (1.73%) rose.

At the same time, the KOSDAQ also recorded 749.29, down 3.75 points (0.5%) compared to the previous day.

The KOSDAQ started at 756.02, up 2.98 points (0.40%) from the previous session, and seemed to continue its upward trend but has been declining since 9:40 a.m.

In the KOSDAQ market, individuals net bought 62.8 billion KRW, while foreigners and institutions net sold 24 billion KRW and 29.7 billion KRW, respectively.

By sector, food & beverage and tobacco (1.1%) and telecommunications equipment (0.64%) rose, while metals (0.93%) and pharmaceuticals (0.83%) declined.

Among the top market cap companies, Celltrion Pharm (2.12%), EcoPro BM (1.35%), and Studio Dragon (0.12%) rose, while Celltrion Healthcare (0.31%), HLB (1.87%), and Alteogen (5.57%) fell.

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