KOSPI Battles Around 2400 Level... Net Buying by Individuals and Foreigners

[Asia Economy Reporter Minji Lee] The KOSPI is battling around the 2400 level.

At 1:27 PM on the 10th, the KOSPI stood at 2397.49, up 0.91% (21.68 points) from the previous session. The KOSPI broke above the 2400 mark shortly after the market opened but narrowed its gains and fell below the 2390 level. In the KOSPI market, foreigners and individuals bought stocks worth 56 billion KRW and 81.6 billion KRW respectively. Institutions alone sold stocks worth 151.9 billion KRW.

The KOSPI index started trading up more than 1%, recovering the 2400 level. On the 10th, the KOSPI index opened at 2402.83, up 29.02 points (1.22%) from the previous day. The KOSDAQ started at 881.12, rising 11.65 points (1.34%), and the USD/KRW exchange rate in the foreign exchange market opened at 118.30 won, down 6.1 won. The photo shows the dealing room at the Hana Bank headquarters in Jung-gu, Seoul, on the day. Photo by Kim Hyun-min kimhyun81@

Sangyoung Seo, a researcher at Kiwoom Securities, analyzed, “The rise in international oil prices and the weakening of the dollar have positively influenced the increased risk asset preference. Also, with the futures and options expiration day, foreigners’ net buying of futures and spot stocks had a favorable impact.”

Looking at the top market capitalization stocks, Samsung Electronics traded at 59,500 KRW, up 1.88% from the previous session. Naver (0.99%), Samsung Biologics (0.53%), LG Chem (0.72%), Celltrion (0.34%), and Hyundai Motor (0.90%) also rose.

At the same time, the KOSDAQ index stood at 876.98, up 0.86% (7.51 points) from the previous session. In the KOSDAQ market, foreigners and institutions net sold stocks worth 57 billion KRW and 14.9 billion KRW respectively. Individuals alone bought stocks worth 82.6 billion KRW.

Among the top market capitalization stocks, Celltrion Healthcare (2.03%), Alteogen (1.60%), Celltrion Pharm (4.10%), Genexine (2.60%), and EcoPro BM (0.83%) rose.

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