KOSPI Ends 8 Consecutive Trading Days of Gains... KOSDAQ Slightly Up
[Asia Economy Reporter Koo Eun-mo] The KOSPI closed slightly higher, supported by net buying from individual investors, continuing its upward trend for the eighth consecutive trading day. The KOSDAQ index also rose slightly, maintaining its upward momentum for the fourth consecutive trading day.
On the 9th, the KOSPI closed at 2,188.92, up 4.63 points (0.21%) from the previous day. The KOSPI started the day higher but turned lower around 10 a.m., maintaining a decline of about 0.5% during the session. However, it narrowed the losses in the latter part of the session and turned positive around 2:50 p.m., finishing the day slightly higher.
Looking at trading trends by participant, individual investors were net buyers with 410.4 billion KRW, while institutions and foreign investors were net sellers with 395.3 billion KRW and 24.7 billion KRW, respectively.
By sector, pharmaceuticals (3.19%), insurance (1.01%), and textiles/apparel (0.88%) rose, while banks (-2.03%), securities (-1.96%), and machinery (-1.32%) declined.
Among the top market capitalization stocks, Celltrion (2.93%), Samsung SDI (2.13%), Samsung Biologics (1.81%), and Samsung Electronics (1.09%) rose, whereas Hyundai Mobis (-1.38%), SK (-1.36%), SK Hynix (-1.32%), NAVER (-1.25%), and Hyundai Motor (-0.88%) fell.
In the KOSPI market, 375 stocks rose, including 9 stocks hitting the upper price limit, while 473 stocks fell with no stocks hitting the lower price limit. 63 stocks remained unchanged.
The KOSDAQ index also closed slightly higher, continuing its upward trend for the fourth consecutive trading day. The KOSDAQ started the day higher but turned lower around 9:30 a.m., mostly staying below the 750 level during the session with slight declines. However, it narrowed losses toward the end of the session, turned positive, and closed at 753.82, up 0.78 points (0.10%) from the previous day.
By trading participant, foreign investors and individual investors were net buyers with 90.2 billion KRW and 11.1 billion KRW, respectively. Meanwhile, institutional investors were net sellers with 72.0 billion KRW.
By sector, pharmaceuticals (1.35%), computer services (1.11%), and entertainment/culture (1.00%) rose, while textiles/apparel (-2.34%), IT comprehensive (-0.13%), and broadcasting services (-0.11%) declined.
Among the top market capitalization stocks, Celltrion Pharm (6.69%) surged sharply, and Studio Dragon (4.62%), Genexine (3.95%), and Celltrion Healthcare (1.33%) also rose. Conversely, Alteogen (-5.01%), Seegene (-2.78%), Helixmith (-2.64%), and SK Materials (-0.70%) declined.
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In the KOSDAQ market, 465 stocks rose, including 5 stocks hitting the upper price limit, while 784 stocks fell with no stocks hitting the lower price limit. 83 stocks remained unchanged.
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