KOSPI Ends 4th Consecutive Day Higher with Slight Rise on Foreign Net Buying

[Image source=Yonhap News]

[Asia Economy Reporter Eunmo Koo] The KOSPI continued its upward trend for the fourth consecutive trading day with a slight gain. Although the KOSPI briefly hit a new yearly high early in the session, it ended the day satisfied with maintaining its upward momentum as the gains narrowed. The KOSDAQ index also closed higher for the fourth consecutive day, supported by net buying from individual investors.

On the 30th, the KOSPI closed at 2,267.01, up 3.85 points (0.17%) from the previous day. The KOSPI started the day higher, surpassing the 2,280 level after hitting a new yearly high early in the session, but trimmed gains to maintain a slight gain within 0.5% by the close.

Looking at trading trends by participant, foreign investors and individual investors were net buyers of 222.8 billion KRW and 7 billion KRW, respectively. In contrast, institutional investors were net sellers of 234.3 billion KRW.

By sector, machinery (2.13%), transportation equipment (1.36%), and telecommunications (0.77%) rose, while steel and metals (-1.28%), insurance (-0.94%), and electric and gas utilities (-0.65%) declined.

Among the top market capitalization stocks, SK Hynix (2.52%), Hyundai Motor (2.00%), SK Telecom (1.62%), NCSoft (1.60%), and NAVER (0.68%) rose, whereas Samsung C&T (-2.26%), Samsung Biologics (-0.67%), Samsung SDI (-0.52%), and Celltrion (-0.50%) fell.

In the KOSPI market, 395 stocks rose, including 4 stocks that hit the upper price limit, while 427 stocks declined with no stocks hitting the lower price limit. 83 stocks remained unchanged.

The KOSDAQ index also closed slightly higher. The KOSDAQ started the day up and steadily maintained the 810 level during the session, closing at 814.19, up 5.60 points (0.69%) from the previous day.

By trading participant, individual investors were net buyers of 95.4 billion KRW, while institutional and foreign investors were net sellers of 52.6 billion KRW and 18.2 billion KRW, respectively.

By sector, non-metallic minerals (3.61%), semiconductors (2.97%), and medical and precision instruments (2.97%) rose, while transportation equipment and parts (-1.55%), distribution (-1.04%), and telecommunications services (-0.99%) declined.

Among the top market capitalization stocks, SK Materials (5.50%), Seegene (2.31%), Alteogen (1.81%), and EcoPro BM (1.17%) rose. Conversely, Genexine (-5.08%), HLB (-4.23%), Celltrion Healthcare (-1.85%), and Pearl Abyss (-1.65%) declined.

In the KOSDAQ market, 686 stocks rose, including 4 stocks that hit the upper price limit, while 556 stocks declined with no stocks hitting the lower price limit. 102 stocks remained unchanged.

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