KOSPI Recovers to 2380 Level on Individual Buying... KOSDAQ Rises 1.5%

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[Asia Economy Reporter Geum Bo-ryeong] On the 7th, despite continued net selling by foreigners and institutions, the KOSPI and KOSDAQ closed higher due to net buying by individuals.

On that day, the KOSPI index rose 15.97 points (0.67%) from the previous session to close at 2384.22.

The KOSPI opened at 2369.85, up 1.60 points (0.07%) from the previous trading day, showed a decline due to net selling by foreigners and institutions, but rebounded and maintained an upward trend, holding above the 2380 level.

In the KOSPI market, foreigners and institutions net sold 247.8 billion KRW and 296.6 billion KRW respectively. Individuals net bought 542.9 billion KRW.

By sector, pharmaceuticals (1.39%), electrical and electronics (1.37%), and machinery (1.56%) rose, while food and beverages (0.73%) and non-metallic minerals (0.97%) declined.

Among the top 10 companies by market capitalization, Samsung Electronics (1.62%), Samsung Biologics (0.39%), Celltrion (3.74%), and LG Household & Health Care (1.51%) rose, while SK Hynix (0.38%), NAVER (4.26%), LG Chem (3.1%), Hyundai Motor (1.45%), Kakao (2.49%), and Samsung SDI (2.05%) fell.

On the same day, the KOSDAQ index closed at 878.88, up 12.84 points (1.48%) from the previous session.

The KOSDAQ opened at 872.03, up 5.99 points (0.69%) from the previous trading day, showed an early decline but successfully rebounded and expanded its gains.

In the KOSDAQ market, individuals net bought 151.6 billion KRW. In contrast, foreigners and institutions net sold 36 billion KRW and 112.2 billion KRW respectively.

By sector, telecommunications equipment (1.45%), semiconductors (1.22%), and entertainment and culture (1.12%) rose, while broadcasting services (1.46%) and paper and wood products (0.59%) declined.

Among the top market cap companies, Genexine (0.51%), EcoPro BM (2.09%), and CJ ENM (2.51%) fell, while Celltrion Healthcare (3.34%), Seegene (4.45%), Alteogen (0.19%), HLB (8.86%), and Celltrion Pharm (8.83%) rose.

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