KOSPI Slightly Firm in the Afternoon... KOSDAQ Slightly Declines
[Asia Economy Reporter Eunmo Koo] The KOSPI is maintaining a firm tone in the afternoon session. Meanwhile, the KOSDAQ index is slightly declining.
On the 17th, the KOSPI started higher and challenged an all-time high but showed mixed trends in the morning session. After turning upward around noon, it has maintained a firm tone. As of 1:25 PM, it is trading at 2,547.84, up 4.81 points (0.19%) from the previous day.
Looking at the trading trends by participant, foreign investors and individual investors are net buyers of 246.6 billion KRW and 80.1 billion KRW respectively. In contrast, institutional investors are net sellers of 339.9 billion KRW.
Among the top market capitalization stocks, Hyundai Motor, Samsung Biologics, Celltrion, Samsung SDI, and LG Chem are rising. On the other hand, LG Household & Health Care, Kia Motors, and Samsung Electronics are declining.
The KOSDAQ index is slightly down. It started lower today and at one point in the morning fell more than 1% to the 830 level but has narrowed the decline somewhat in the afternoon, hovering around the 840 level. As of 1:25 PM, it is at 841.88, down 5.45 points (0.64%) from the previous day.
Regarding supply and demand, foreign and institutional investors are leading the decline with net sales of 147.2 billion KRW and 126.2 billion KRW respectively. Meanwhile, individual investors are net buyers of 314.4 billion KRW.
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Among the top market capitalization stocks, Celltrion Pharm, Celltrion Healthcare, EcoPro BM, and Alteogen are rising. Conversely, Seegene, SK Materials, Hugel, and Studio Dragon are declining.
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