KOSPI Rises Above 2400 on Individual and Institutional Buying... KOSDAQ Also Climbs Together

[Asia Economy Reporter Oh Ju-yeon] On the 12th, the KOSPI opened higher due to net buying by individuals and institutions. The KOSDAQ index rose as net buying by individuals flowed in amid slight fluctuations.

As of 9:11 a.m. that day, the KOSPI recorded 2402.60, up 0.44% from the previous trading day. Early in the session, as the index fell below the 2400 level, individuals and institutions showed net buying, but above the 2400 level, individuals switched to selling. At this time, by supply and demand, individuals and foreigners sold stocks worth 9.3 billion KRW and 37.2 billion KRW respectively, while institutions bought stocks worth 46 billion KRW.

Among the top market capitalization stocks, Samsung Electronics (0.50%), SK Hynix (1.45%), NAVER (0.17%), Samsung Biologics (0.56%), and Celltrion (0.95%) rose, while LG Chem (-0.58%), Hyundai Motor (-1.11%), and Hyundai Mobis (-1.09%) declined.

The KOSDAQ index recorded 871.84, up 0.03% from the previous trading day.

By supply and demand, individuals are leading the index by purchasing stocks worth 89.1 billion KRW.

Among the top market capitalization stocks, Celltrion Healthcare (0.22%), Alteogen (0.28%), Celltrion Pharm (0.61%), and Genexine (0.94%) rose, while Seegene (-1.45%) and Pearl Abyss (-1.85%) declined.

Seo Sang-young, a researcher at Kiwoom Securities, said, "The domestic stock market is expected to shift from a liquidity-driven market to a fundamental market with the full-scale start of the US earnings season."

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