KOSPI Trades Steady Around 2440 Level... KOSDAQ Maintains 900 Level

[Asia Economy Reporter Minji Lee] While the KOSPI is fluctuating around the 2440 level, the KOSDAQ index is maintaining an upward trend above the 900 level, driven by individual investors' buying momentum.

As of 1:32 PM on the 16th, the KOSPI stood at 2447.78, up 0.17% (4.20 points) from the previous session. By investor type, foreigners and individuals bought stocks worth 93.2 billion KRW and 41.7 billion KRW respectively, while institutions sold stocks worth 141.4 billion KRW alone.

[Image source=Yonhap News]

Samsung Electronics, a top market cap stock in the KOSPI market, recorded 61,000 KRW, unchanged from the previous closing price. Other stocks such as LG Chem (0.14%), Samsung Biologics (0.00%), Celltrion (0.84%), and Hyundai Motor (3.63%) also rose.

Sangyoung Seo, a researcher at Kiwoom Securities, said, "Thematic trading continues with some COVID-19 beneficiary stocks showing strength, and the KOSDAQ is surpassing 900 points due to individual investors' buying momentum. Ahead of the FOMC, a cautious stance has deepened, and concerns about trade friction between the U.S. and China have also emerged."

At the same time, the KOSDAQ index stood at 902.64, up 0.35% (3.18 points) from the previous session. By investor type, individuals alone bought stocks worth 96.5 billion KRW, while foreigners and institutions sold stocks worth 2.7 billion KRW and 75.9 billion KRW respectively.

Among the top market cap stocks in the KOSDAQ market, Celltrion Healthcare (0.50%), Seegene (5.37%), HL Biopharma (3.54%), Alteogen (1.42%), Kakao Games (0.15%), and Celltrion Pharm (0.34%) recorded gains.

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