Individual Net Buying Maintains KOSPI Around 2370... KOSDAQ Also on the Rise

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[Asia Economy Reporter Geum Bo-ryeong] On the morning of the 7th, the KOSPI index maintained the 2370 level thanks to net buying by individual investors.

At 9:30 a.m. that day, the KOSPI index rose 6.67 points (0.28%) from the previous session to 2374.92.

The KOSPI opened at 2369.85, up 1.60 points (0.07%) from the previous trading day, fluctuating between the 2360 and 2370 levels.

In the KOSPI market, foreigners and institutions net sold 57.9 billion KRW and 79.5 billion KRW respectively. On the other hand, individuals net bought 137.5 billion KRW.

By sector, medical precision (1.46%) and construction (2.1%) rose, while transportation equipment (0.48%) and telecommunications (0.32%) fell.

Among the top 10 companies by market capitalization, Samsung Electronics (1.08%) and Samsung Biologics (1.03%) were on the rise. Conversely, SK Hynix (0.25%), NAVER (2.44%), LG Chem (1.48%), and Hyundai Motor (1.16%) declined.

At the same time, the KOSDAQ was at 870.06, up 4.02 points (0.46%) from the previous day.

The KOSDAQ opened at 872.03, up 5.99 points (0.69%) from the previous trading day, continued its upward trend, showed a brief decline from 9:15 a.m., but rebounded after 9:22 a.m.

In the KOSDAQ market as well, foreigners and institutions net sold 54.3 billion KRW and 44.2 billion KRW respectively, while individuals net bought 101.7 billion KRW.

By sector, internet (1.69%) and manufacturing (0.62%) rose, while broadcasting services (1.03%) and paper & wood (0.82%) fell.

Among the top market cap companies, Seegene (2.83%), HL Biopharma (2.89%), and KMW (1.75%) rose. Celltrion Healthcare (0.61%), Alteogen (1.03%), and Celltrion Pharm (1%) declined.

Seo Sang-young, a researcher at Kiwoom Securities, explained, "Considering the large gap between the stock market and economic fundamentals, it is expected that there will be a strong desire to realize profits in stocks that have risen excessively so far. Conversely, based on abundant liquidity, sectors that have not risen much so far are expected to rebound, and differentiation by stock and sector is expected to continue."

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