Individual Net Buying Drives KOSPI to 2380 Level... KOSDAQ Rises Over 1%

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[Asia Economy Reporter Geum Bo-ryeong] On the afternoon of the 7th, both the KOSPI and KOSDAQ continued their upward trend due to net buying by individual investors.

As of 1:25 PM that day, the KOSPI index stood at 2385.26, up 17.01 points (0.72%) from the previous close.

The KOSPI started at 2369.85, up 1.60 points (0.07%) from the previous trading day, showing a decline due to net selling by foreigners and institutions, but rebounded and continued its upward trend thanks to net buying by individuals.

In the KOSPI market, foreigners and institutions net sold 207.9 billion KRW and 178.4 billion KRW respectively. In contrast, individuals net bought 376 billion KRW.

By sector, textiles and apparel (1.49%), steel and metals (2.25%), and machinery (3.22%) rose, while non-metallic minerals (0.52%) and food and beverages (0.59%) declined.

Among the top 10 companies by market capitalization, Samsung Electronics (1.98%), Samsung Biologics (0.39%), and LG Household & Health Care (1.1%) were on the rise, while SK Hynix (0.51%), NAVER (4.11%), LG Chem (3.1%), Hyundai Motor (1.16%), and Kakao (2.49%) were declining.

At the same time, the KOSDAQ index was at 878.35, up 12.31 points (1.42%) from the previous trading day.

The KOSDAQ opened at 872.03, up 5.99 points (0.69%) from the previous day, fell between 9:15 AM and 9:22 AM, but then rebounded and increased its gains.

In the KOSDAQ market, foreigners and institutions net sold 59.6 billion KRW and 95.8 billion KRW respectively. Individuals net bought 164.6 billion KRW.

By sector, internet (2.53%), information devices (1.44%), and manufacturing (2.23%) rose, while paper and wood (0.37%) declined.

Among the top market cap companies, Alteogen (0.42%) and EcoPro BM (1.96%) declined, while Celltrion Healthcare (0.2%), Seegene (2.31%), and HL Biotech (15.24%) rose.

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