KOSPI and KOSDAQ Indices Start Higher on Individual Net Buying

[Asia Economy Reporter Minji Lee] The KOSPI and KOSDAQ indices are showing an upward trend due to net buying by individual investors.

At 9:10 a.m. on the 7th, the KOSPI stood at 2732.97, up 0.06% (1.52 points) from the previous session. The KOSPI opened the day at 2738.11, up 0.24% (6.66 points) from the previous trading day. The rise was somewhat limited as foreigners and institutions engaged in net selling.

Looking at investor trends, foreigners and institutions sold a net 89.3 billion KRW and 301.7 billion KRW respectively. Individuals alone purchased stocks worth 397 billion KRW.

Among the top market capitalization stocks, Samsung Electronics recorded 72,300 KRW, up 1.12% from the previous trading day. SK Hynix (1.30%), Samsung Biologics (1.58%), Celltrion (3.82%), Naver (1.36%), and Hyundai Motor (0.76%) also rose.

Seojung Hoon, a researcher at Samsung Securities, said, “On the 4th, the US stock market closed higher as weak employment data highlighted the need for additional stimulus measures. Although the domestic market may experience increased short-term volatility due to the recent sharp rise, the mid- to long-term outlook remains positive.”

At the same time, the KOSDAQ index stood at 915.29, up 0.21% (1.95 points) from the previous trading day. The index opened at 914.15, up 0.04% (0.39 points) from the previous day. By investor type, individuals bought stocks worth 73.4 billion KRW, while foreigners and institutions sold stocks worth 36.6 billion KRW and 32.3 billion KRW respectively.

Among the top KOSDAQ stocks, Celltrion Healthcare recorded 162,000 KRW, up 8.22% from the previous day. Celltrion Pharm (0.08%), Seegene (3.52%), Alteogen (1.73%), Genexine (3.57%), and KMW (1.77%) also rose.

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