KOSPI 'Rises Again'... Surpasses 2430 Level

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[Asia Economy Reporter Geum Bo-ryeong] On the 12th, the KOSPI index closed above the 2430 level, supported by net buying from individual investors.

On the 12th, the KOSPI closed at 2432.35, up 0.57% (13.68 points) from the previous session.

That day, the KOSPI opened at 2414.78, down 0.16% (3.89 points) from the previous trading day, but soon began to rebound. After 9:30 AM, the KOSPI continued a prolonged decline, repeatedly rising and falling, before maintaining strength with 25 minutes left until market close.

In the KOSPI market, individuals net bought 355.7 billion KRW. In contrast, foreigners and institutions net sold 176.8 billion KRW and 203.1 billion KRW, respectively.

By sector, textiles and apparel (2.83%), machinery (3.45%), and distribution (4.18%) rose, while medical and precision instruments (2.07%) and transportation equipment (3.11%) declined.

Among the top 10 companies by market capitalization, Samsung Electronics (1.37%) and Samsung Biologics (4.85%) rose, but LG Chem (2.24%), NAVER (2.09%), and Celltrion (3.82%) fell.

The KOSDAQ index fell sharply by 1.7% despite net buying by individuals. The KOSDAQ closed at 845.60, down 1.7% (14.63 points) from the previous trading day.

The KOSDAQ opened at 858.88, down 0.16% (1.35 points) from the previous close, and the decline gradually widened.

In the KOSDAQ market, individuals net bought 440.4 billion KRW. Meanwhile, foreigners and institutions net sold 116.0 billion KRW and 307.4 billion KRW, respectively.

By sector, software (2.05%), IT components (1.81%), and paper and wood products (1.96%) declined, while broadcasting services (1.8%) and textiles and apparel (1.53%) rose.

Among the top 10 market cap stocks, CJ ENM (2.78%) was the only gainer. Others such as Celltrion Healthcare (4.15%), Seegene (4.07%), and HL Biopharma (2.96%) declined.

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