KOSPI Reverses to Rise Supported by Institutional Buying Pressure

[Asia Economy Reporter Minji Lee] The KOSPI is expanding its gains, supported by institutional buying.

At 11:21 AM on the 10th, the KOSPI was trading at 2,196.06, up 0.33% (7.14 points) from the previous session. The KOSPI opened at 2,187.91, down 0.05% (1.01 points) from the previous session, fluctuated, and then turned upward. On the Korea Composite Stock Price Index market, individuals and foreigners sold stocks worth 213.3 billion KRW and 28.4 billion KRW respectively, while institutions alone bought stocks worth 250.7 billion KRW.

Among the top market capitalization stocks, Samsung Electronics traded at 55,600 KRW, up 0.18% from the previous session. SK Hynix (0.98%), Samsung Biologics (2.96%), Naver (2.74%), Celltrion (0.38%), LG Chem (1.62%), and Samsung SDI (0.26%) also rose.

The KOSDAQ index was at 756.58, up 0.37% (2.76 points) at the same time. The index started the session at 754.30, up 0.06% (0.48 points) from the previous session, showed a downward trend but soon succeeded in turning upward. Currently, in the KOSDAQ market, institutions alone sold stocks worth 26.2 billion KRW. Individuals and foreigners bought stocks worth 45.1 billion KRW and 7.8 billion KRW respectively.

Among the top market capitalization stocks, Celltrion Healthcare (1.11%), Seegene (0.74%), Pearl Abyss (0.10%), KMH (3.15%), and Studio Dragon (0.95%) rose.

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