KOSPI Rises Over 1% on Foreign Buying... Surpasses 2240 Level

[Image source=Yonhap News]

[Asia Economy Reporter Ji-hwan Park] On the 28th, the KOSPI market showed a rise of over 1%, supported by foreign buying momentum. It is showing a strong trend, breaking through the 2240 level in the early session.

At 9:20 a.m. that day, the KOSPI market recorded 2245.64, up 27.78 points (1.25%) compared to the previous session. The KOSPI started at 2238.19 points, 20.33 points (0.92%) higher than the previous session, and is expanding its gains.

By investor type, individuals and institutions sold net amounts of 197.5 billion KRW and 40.1 billion KRW, respectively. Foreigners bought a net amount of 247.4 billion KRW.

By industry sector, electric and gas utilities (0.20%), distribution (0.37%), construction (0.06%), and pharmaceuticals (1.61%) rose.

Among the top 10 companies by market capitalization, most stocks rose, including Samsung Electronics (2.52%), Samsung Biologics (1.99%), NAVER (2.11%), Kakao (2.60%), SK Hynix (0.97%), and Celltrion (0.95%).

At the same time, the KOSDAQ market also recorded 806.97, up 5.74 points (0.72%) compared to the previous trading day.

Individuals bought a net amount of 38.7 billion KRW, while foreigners and institutions sold net amounts of 22.2 billion KRW and 14.9 billion KRW, respectively.

By industry sector, construction (1.54%), distribution (1.20%), transportation (0.18%), and finance (0.73%) rose.

Among the top market cap companies, Celltrion Healthcare (1.58%), HL Biotech (0.11%), and Celltrion Pharm (0.89%) rose, while Seegene remained flat.

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