KOSPI, Foreigners Net Buy 1.3 Trillion Won... Closes Up at 2250 Level

[Image source=Yonhap News]

[Asia Economy Reporter Ji-hwan Park] The KOSPI market closed higher above the 2250 level, supported by net purchases of over 1.3 trillion won by foreign investors.

On the 28th, the KOSPI closed at 2256.99, up 39.13 points from the previous trading day. The index opened at 2238.19, up 20.33 points (0.92%) from the previous day. At one point, it rose more than 2%, surpassing the 2260 level, but the gains narrowed to the 1% range as the market closing time approached.

By investor type, foreign investors led the index rise with net purchases of 1.311 trillion won. In contrast, individual and institutional investors sold net amounts of 1.0545 trillion won and 217.2 billion won, respectively.

By sector, chemicals (0.47%), pharmaceuticals (0.56%), machinery (1.44%), and electrical & electronics (4.23%) rose, while food & beverages (-0.44%), textiles & apparel (-0.92%), and construction (-0.39%) declined.

Among the top market capitalization stocks, Samsung Electronics surged 5.40%. SK Hynix (0.36%), Samsung Biologics (0.93%), NAVER (1.23%), Celltrion (0.16%), LG Chem (2.13%), Kakao (0.92%), and Samsung SDI (3.97%) also rose. Meanwhile, Hyundai Motor (-0.40%) declined.

The KOSDAQ market closed at 807.85, up 6.62 points from the previous trading day. The index opened at 807.29, up 6.06 points (0.76%) from the previous session, and maintained its strength.

Individuals were net buyers with 69.8 billion won, while foreign and institutional investors were net sellers of 21.1 billion won and 12.8 billion won, respectively.

By sector, distribution (1.01%), transportation (0.37%), and finance (1.69%) rose, while metals (-0.89%) and construction (-0.29%) fell.

Celltrion Healthcare (0.79%), Seegene (0.56%), and HL Biotech (1.95%) rose, while Celltrion Pharm (-0.56%) and SK Materials (-2.04%) declined.

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