KOSPI and KOSDAQ, aiming to break through 3000 and 1000 points respectively, remain flat into the afternoon
[Asia Economy Reporter Koo Eun-mo] The KOSPI and KOSDAQ indices, which aimed to break through the 3000 and 1000 points simultaneously, are taking a breather as they continue to move within a narrow range in the afternoon session.
The KOSPI opened at 2943.67, down 0.78 points (0.03%) from the previous trading day. It briefly surpassed the 2950 mark in the morning but mostly hovered around the 2940 level, maintaining a flat trend. As of 1:10 PM, it recorded 2938.73, down 5.72 points (0.19%) from the previous day.
Looking at the current trading trends by investor type, individual investors continued their buying spree with net purchases of 1.2081 trillion KRW, while foreign and institutional investors engaged in profit-taking with net sales of 754 billion KRW and 455.7 billion KRW, respectively.
Among the top market capitalization stocks, POSCO, SK Hynix, Celltrion, and Hyundai Mobis are rising, while Kia Motors, NAVER, Samsung C&T, and Kakao are declining.
The KOSDAQ index is also maintaining a flat range. It started slightly lower today, fluctuated throughout the morning, and has been showing a slight upward trend since 11:30 AM. As of 1:10 PM, it stands at 978.57, up 0.95 points (0.10%) from the previous day.
By investor type, similar to the KOSPI, individual investors are net buyers with 426 billion KRW, while institutional and foreign investors are net sellers with 204 billion KRW and 175.7 billion KRW, respectively.
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