KOSPI, Institutions 'Alone' Buying... Fluctuating Around 2330 Level

[Image source=Yonhap News]

[Asia Economy Reporter Park Jihwan] On the 29th, the KOSPI showed a flow approaching the '2330 level' due to solo buying by institutions.

As of 1:30 PM that day, the KOSPI was at 2329.91, up 0.95% (21.83 points) from the previous day. The KOSPI started at 2331.51, up 23.43 points (1.02%) from the previous session, and has been fluctuating around the 2330 level.

In the KOSPI market, individuals and foreigners sold net amounts of 19.9 billion KRW and 30.6 billion KRW, respectively. Institutions bought a net amount of 68.5 billion KRW.

Among the top 10 stocks by market capitalization, there were mixed movements. Samsung Electronics (0.52%), SK Hynix (2.55%), and LG Chem (3.83%) were on the rise. Meanwhile, NAVER (-0.50%) and LG Household & Health Care (-0.07%) declined.

At the same time, the KOSDAQ was at 846.02, up 10.11 points (1.21%). The index started at 844.69, up 8.78 points (1.05%) from the previous session, and has slightly expanded its gains.

In the KOSDAQ market, buying by individual investors stood out. Individuals bought a net amount of 140.2 billion KRW, while foreigners and institutions sold net amounts of 99.4 billion KRW and 35.6 billion KRW, respectively.

Among the top market cap stocks in KOSDAQ, Seegene (1.95%), Alteogen (1.24%), and Kakao Games (8.98%) rose.

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