KOSPI Rises on Individual Buying Momentum... Starts at 2367.34

[Asia Economy Reporter Minji Lee] The KOSPI is showing an upward trend due to buying pressure from individual investors.

At 9:10 a.m. on the 26th, the KOSPI was trading at 2371.58, up 0.20% (4.85 points) from the previous session. The KOSPI opened the day at 2367.34, up 0.04% (1.01 points) from the previous day. In the KOSPI market, individuals bought stocks worth 87.6 billion KRW, while foreigners and institutions sold stocks worth 26.8 billion KRW and 63.3 billion KRW, respectively.

Looking at the top market capitalization stocks, the leading stock Samsung Electronics traded at 56,200 KRW, down 0.35% from the previous session. On the other hand, SK Hynix (1.95%), Samsung Biologics (0.61%), Naver (1.54%), LG Chem (2.66%), Celltrion (2.94%), Hyundai Motor (1.20%), Kakao (1.71%), and Samsung SDI (1.58%) also rose.

Sangyoung Seo, a researcher at Kiwoom Securities, explained, “If the social distancing level 3 is implemented, psychological pressure may increase, so the newly announced number of confirmed cases is likely to affect the index. However, since the Bank of Korea mentioned a moderate monetary policy, the burden is expected to be limited.”

At the same time, the KOSDAQ index was trading at 841.02, up 0.56% (4.71 points) from the previous session. The KOSDAQ index opened at 838.86, up 0.30% (2.55 points) from the previous day. In the KOSDAQ market, individuals purchased stocks worth 36.9 billion KRW, while foreigners and institutions net sold stocks worth 11.0 billion KRW and 21.6 billion KRW, respectively.

In the KOSDAQ market, Celltrion Healthcare (2.61%), Seegene (1.94%), Alteogen (1.28%), Celltrion Pharm (5.56%), Genexine (2.05%), EcoPro BM (1.22%), and KMW (3.93%) are maintaining upward momentum.

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