KOSPI Shows Slight Gains on Individual Net Buying... Approaching 2360 Level
[Asia Economy Reporter Ji-hwan Park] The domestic stock market showed an upward trend, supported by buying pressure from individual investors. Individuals are absorbing the simultaneous selling by foreigners and institutions, leading the defense of the index.
On the 10th, the KOSPI recorded 2364.37 at 9:30 AM, up 12.32 points (0.54%) compared to the previous trading day. The KOSPI started higher at 2353.92 compared to the previous day’s close of 2351.67. In the early session, it is maintaining a firm tone supported by net buying from individual investors.
Looking at the trading trends by participant, individual investors are leading the index rise with net purchases of 288 billion KRW. In contrast, foreigners and institutional investors are net sellers with 59.1 billion KRW and 224.7 billion KRW, respectively.
By sector, food and beverages, machinery, electrical and electronics, and transportation equipment are rising, while chemicals, pharmaceuticals, and construction are declining.
Among the top market capitalization stocks, Samsung Electronics (1.04%), Celltrion (1.27%), Hyundai Motor (7.48%), and Hyundai Mobis (5.59%) are rising. Meanwhile, LG Chem (-1.74%), Samsung Biologics (-1.17%), Naver (-0.64%), and Samsung SDI (-1.95%) are falling.
The KOSDAQ index also rose 0.16 points (0.02%) to 857.79 compared to the previous trading day.
Regarding supply and demand, similar to the KOSPI market, individual investors are leading the market with net purchases of 131.2 billion KRW. Foreigners and institutional investors are net sellers with 81.3 billion KRW and 46 billion KRW, respectively.
By sector, construction and distribution are rising, while transportation and finance are declining.
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Among the top market capitalization stocks, Celltrion Healthcare (0.47%) and Celltrion Pharm (0.25%) are rising, while Seegene (-0.54%) and HL Biopharma (-2.16%) are falling.
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