KOSPI Maintains '3100 Level' Amid Individual Buying Pressure

[Image source=Yonhap News]

[Asia Economy Reporter Ji-hwan Park] On the 21st, the KOSPI continued its upward trend, showing a firm rise into the afternoon.

As of 1:39 PM, the KOSPI stood at 3,143.78, up 29.23 points (0.94%) from the previous day. The index opened at 3,123.27, up 8.72 points (0.28%) from the previous session, reflecting expectations for economic stimulus measures following the inauguration of U.S. President Joe Biden. The intraday high was 3,149.49, and the low was 3,123.27.

By investor type, individuals and foreigners net bought 25.8 billion KRW and 34.4 billion KRW respectively, while institutions net sold 45.2 billion KRW.

Among the top market capitalization stocks, representative non-face-to-face companies such as NAVER (4.38%) and Kakao (2.82%) showed strong performance. Meanwhile, Samsung Electronics (-0.46%) and LG Chem (-0.90%) declined.

At the same time, the KOSDAQ index rose 2.78 points (0.28%) to 980.44 compared to the previous day. Individuals net bought 391.9 billion KRW, whereas foreigners and institutions net sold 164.1 billion KRW and 176.8 billion KRW respectively.

Among the top market cap stocks, all except Celltrion Healthcare (0.64%) and Kakao Games (0.86%) declined. In particular, stocks such as Seegene (-2.99%) and Alteogen (-2.46%) showed weakness.

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