KOSPI Breaks 2440 Level... KOSDAQ Nears 900
[Asia Economy Reporter Geum Bo-ryeong] Thanks to net buying by foreigners, the KOSPI index surpassed the 2440 level on the afternoon of the 15th.
As of 1 PM that day, the KOSPI stood at 2442.64, up 14.73 points (0.61%) from the previous close.
The KOSPI opened at 2434.59, up 6.68 points (0.28%) from the previous trading day, fluctuated until 10:40 AM, but then increased its gains and surpassed the 2440 level.
In the KOSPI market, foreigners were net buyers of 108.2 billion KRW. Individuals also net bought 92.3 billion KRW, while institutions were net sellers of 216.8 billion KRW.
By sector, textiles and apparel (1.46%), and electrical and electronics (0.93%) rose, while paper and wood (0.5%) and distribution (0.52%) declined.
All of the top 10 companies by market capitalization were on the rise. Samsung Electronics (0.66%), SK Hynix (2%), NAVER (3.14%), Samsung Biologics (1.44%), LG Chem (1.69%), Kakao (2.14%), and Samsung SDI (2.98%) all increased.
At the same time, the KOSDAQ index also rose 5.01 points (0.56%) from the previous close to 899.18.
The KOSDAQ opened at 898.63, up 4.46 points (0.5%) from the previous trading day, remained flat until 10:20 AM, and then maintained a strong upward trend.
In the KOSDAQ market, individuals were net buyers of 120.4 billion KRW, while foreigners and institutions were net sellers of 59 billion KRW and 53.7 billion KRW, respectively.
By sector, entertainment and culture (0.52%) and internet (2.56%) rose, while information devices (0.56%) and food and tobacco (0.41%) declined.
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Among the top market cap companies, Kakao Games (7.72%) showed a downward trend and fell to 5th place in market capitalization. In contrast, Celltrion Healthcare (0.91%), Seegene (1.8%), Alteogen (4.21%), HLB (1.19%), and Genexine (1.06%) rose.
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