KOSPI and KOSDAQ Indices Start Higher on Net Buying by Individuals

[Asia Economy Reporter Minji Lee] The KOSPI and KOSDAQ indices started higher due to buying momentum from individual investors.

At 9:09 AM on the 6th, the KOSPI was at 2332.38, up 0.89% (20.52 points) from the previous session. The KOSPI opened at 2322.64, up 0.47% (10.78 points) from the previous close.

Currently, individual investors are maintaining net buying with purchases worth approximately 170.8 billion KRW. Foreigners and institutions sold stocks worth 36 billion KRW and 134.3 billion KRW, respectively.

Among the top market capitalization stocks, Samsung Electronics (1.76%), SK Hynix (0.37%), Samsung Biologics (1.65%), Naver (0.16%), and Hyundai Motor (4.48%) are showing upward trends.

Seosangyoung, a researcher at Kiwoom Securities, said, "Despite employment concerns in the US stock market, the continuation of additional stimulus negotiations and positive news from some individual companies have helped sustain the upward trend, which is positive." He added, "The rise in international oil prices and the weakening of the US dollar will also have a favorable impact on domestic investors' sentiment."

At the same time, the KOSDAQ index is at 854.22, up 0.82% (6.94 points). The index opened at 854.02, up 0.80% (6.74 points) from the previous close.

In the market, individuals bought stocks worth 89.7 billion KRW, while foreigners and institutions sold stocks worth 49.4 billion KRW and 37.4 billion KRW, respectively.

Among the top market capitalization stocks, Seegene (1.55%), HL Biopharma (0.82%), EcoPro BM (2.55%), KMW (0.27%), Alteogen (0.56%), and CJ ENM (1.28%) rose.

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