KOSPI Closes Slightly Lower at 2158

KOSDAQ Closes Up About 1%

[Image source=Yonhap News]

[Asia Economy Reporter Minwoo Lee] The KOSPI closed slightly lower in the 2150 range. Although individual investors showed strong buying, sales by foreigners and institutions offset this.

On the 8th, the KOSPI closed at 2158.88, down 0.24% (5.29 points) from the previous day. It opened at 2166.76, up 0.12% from the previous session, and remained relatively unchanged throughout the day.

In the securities market, individuals net bought 622.5 billion KRW. On the other hand, foreigners and institutions net sold 344.2 billion KRW and 273.9 billion KRW, respectively.

By sector, steel & metal (1.79%), textiles & apparel (1.57%), services (1.12%), and machinery (1.08%) rose. Conversely, finance (-0.96%), electrical & electronics (-0.73%), and pharmaceuticals (-0.71%) declined.

Among the top 10 market capitalization stocks, Kakao had the largest increase at 5.6%. This was followed by NAVER (1.0%), Celltrion (0.9%), and Hyundai Motor (0.4%). Meanwhile, Samsung Biologics (-2.0%), NCSoft (-1.7%), Samsung SDI (-1.4%), SK Hynix (-1.3%), Samsung Electronics (-0.7%), and LG Chem (-0.5%) fell.

Meanwhile, the KOSDAQ closed at 765.96, up 0.90% (6.80 points) from the previous day. It opened slightly higher at 761.19 (0.27% up), dropped to 758.38 at one point, but then recovered to finish in the mid-760s.

In the KOSDAQ market, foreigners and institutions net bought 6.3 billion KRW and 15.2 billion KRW, respectively. Conversely, individuals net sold 16.2 billion KRW.

Most sectors rose. The information equipment sector had the largest gain at 4.27%, followed by broadcasting services (3.74%), entertainment & culture (3.39%), telecommunications equipment (3.00%), and telecommunications & broadcasting services (2.96%). Meanwhile, transportation equipment & parts (-1.30%), transportation (-0.35%), distribution (-0.31%), other manufacturing (-0.27%), and digital content (-0.01%) declined. Finance remained flat.

Most of the top 10 market capitalization stocks also rose. Seegene rose 10.8%, reaching a new high of 149,400 KRW. This was followed by EcoPro BM (7.1%), Alteogen (4.3%), and Studio Dragon (2.1%). Meanwhile, HLB (-3.0%), Pearl Abyss (-0.5%), and Celltrion Healthcare (-0.5%) fell.

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