KOSPI Slightly Rebounds on Individual Buying, Closes Above 2750 Level

KOSDAQ Closes Higher, Returning to the 930 Level...

On the afternoon of the 15th, the closing price of the KOSPI on that day is displayed on the status board in the dealing room of the Hana Bank headquarters in Euljiro, Jung-gu, Seoul. [Image source=Yonhap News]

[Asia Economy Reporter Minwoo Lee] The KOSPI, which had fallen to the 2730 level due to simultaneous selling by foreigners and institutions, closed rebounding to the 2750 level thanks to buying by individual investors.

On the 15th, the KOSPI closed at 2756.82, down 0.19% (5.38 points) from the previous day. After starting slightly higher at 2763.65, it deepened its decline and dropped to 2735.08 around 1:54 PM, but then rebounded.

By investor type, foreigners and institutions sold net amounts of 387.6 billion KRW and 250.6 billion KRW respectively. Individuals bought a net amount of 608.1 billion KRW.

Many sectors declined. The largest drops were in steel & metals (-1.68%), construction (-1.33%), paper & wood (-1.27%), and food & beverages (-1.19%). Meanwhile, medical precision (2.56%) and insurance (0.69%) rose.

Among the top 10 sectors by market capitalization, Kia Motors had the largest drop at -1.9%. This was followed by Samsung Biologics (-1.4%), NAVER (-1.0%), and Kakao (-0.6%). On the other hand, LG Chem (1.0%), Celltrion (0.7%), Samsung SDI (0.5%), and SK Hynix (0.4%) rose. Samsung Electronics remained flat.

The KOSDAQ showed a similar trend. It closed at 931.27, up 0.19% (1.73 points) from the previous day. After opening slightly higher, it fell nearly 1% during the session to the 921 level but ultimately turned upward to close higher.

Again, individuals were the sole net buyers with 198.1 billion KRW. Foreigners and institutions sold net amounts of 69.3 billion KRW and 73.4 billion KRW respectively.

The ratio of rising to falling sectors was similar. Semiconductors (1.69%), medical & precision instruments (1.40%), and IT hardware (1.24%) rose, while transportation (-2.82%), textiles & apparel (-1.54%), and broadcasting services (-1.08%) declined.

Among the top sectors by market capitalization, Celltrion Pharm (3.4%) showed a notable rise. This was followed by SK Materials (2.0%), KMw (0.9%), and Celltrion Healthcare (0.6%). Pearl Abyss (-2.5%), Kakao Games (-1.6%), HL Biopharma (-1.6%), and Kakao Games (-1.6%) fell. Alteogen remained flat.

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