KOSPI Ends Above 2190, Rising for 9 Consecutive Trading Days on Institutional Net Buying

[Image source=Yonhap News]

[Asia Economy Reporter Eunmo Koo] The KOSPI continued its nine-day consecutive rise, climbing to the 2190 level, supported by net buying from institutional investors. The KOSDAQ index also recorded a slight gain, maintaining an upward trend for five consecutive days.

On the 10th, the KOSPI started lower but fluctuated within a narrow range throughout the day, showing mixed trends. Around 2 p.m., it turned upward and extended its gains, closing at 2195.69, up 6.77 points (0.31%) from the previous day.

Looking at trading trends by participant, institutional investors led the rise with net purchases of 218.3 billion KRW. In contrast, individual and foreign investors sold net amounts of 168.5 billion KRW and 50.8 billion KRW, respectively.

By sector, food and beverages (2.86%), pharmaceuticals (2.40%), and services (1.93%) rose, while electricity and gas (-2.41%), banking (-2.09%), and transportation equipment (-0.93%) declined.

Among the top market capitalization stocks, Samsung Biologics (4.14%), Kakao (2.95%), NCSOFT (2.75%), NAVER (2.74%), and Celltrion (1.90%) increased, whereas Hyundai Mobis (-1.63%), Samsung C&T (-1.33%), Hyundai Motor (-0.45%), and LG Household & Health Care (-0.22%) fell.

On the KOSPI market that day, 357 stocks rose, including 10 stocks hitting the upper price limit, while 500 stocks declined with no stocks hitting the lower price limit. Fifty-five stocks remained unchanged.

The KOSDAQ index also continued its upward momentum for five consecutive trading days. The KOSDAQ started higher, showed mixed trends early in the session, then turned upward around 10 a.m. and steadily increased, closing at 758.62, up 4.80 points (0.64%) from the previous day.

By trading participants, foreign and individual investors net bought 60.2 billion KRW and 22.7 billion KRW, respectively, while institutional investors net sold 49.6 billion KRW.

By sector, finance (2.71%), pharmaceuticals (2.14%), and distribution (2.00%) rose, while metals (-1.83%), broadcasting services (-1.66%), and construction (-1.55%) declined.

Among the top market capitalization stocks, KMH (4.48%), Celltrion Healthcare (2.73%), EcoPro BM (1.85%), and Seegene (0.55%) rose. In contrast, Helixmith (-3.99%), Alteogen (-3.52%), CJ ENM (-2.03%), and Hugel (-1.55%) declined.

On the KOSDAQ market that day, 520 stocks rose, including 7 stocks hitting the upper price limit, while 750 stocks declined with no stocks hitting the lower price limit. Sixty-five stocks remained unchanged.

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