'All-Time High' KOSPI Closes Lower After One Day... Naver and Samsung SDI Hit 'Record Highs'

[Image source=Yonhap News]

[Asia Economy Reporter Ji Yeon-jin] The KOSPI, which had reached an all-time high, retreated after just one day. Institutions and individuals engaged in a supply and demand battle throughout the day, causing fluctuations before closing with a slight decline.

At the securities exchange that day, the KOSPI closed at 3,140.63, down 20.24 points (0.64%). Individuals net bought about 1.604 trillion KRW, while foreigners and institutions net sold 260.5 billion KRW and 1.3727 trillion KRW, respectively.

The index started at 3,163.83, up 2.99 points (0.09%) from the previous day, fluctuated throughout the day, and showed weakness in the afternoon.

Among the top market capitalization stocks, Samsung Electronics (-1.02%), SK Hynix (-1.52%), and LG Chem (-1.01%) declined, while major tech stocks such as Naver (NAVER) and Samsung SDI showed significant gains.

In particular, Samsung SDI rose 6.31% from the previous day to 79,200 KRW, marking its fourth consecutive day of gains. During the session, it surged to 809,000 KRW, reaching a 52-week high. The company, known for manufacturing secondary batteries needed for electric vehicles, attracted foreign net purchases worth 155.9 billion KRW, driving the stock price. As a result, its market capitalization increased to 55.6733 trillion KRW, surpassing Samsung Biologics to rise to sixth place.

Naver also broke its all-time intraday high that day. Naver closed at 346,000 KRW, up 7.11% from the previous day, but during the session, it soared to 350,000 KRW, trading at its highest price ever.

The KOSDAQ also closed flat at 3,140.63, down 1.42 points (0.14%) from the previous day. Individuals net bought about 200.8 billion KRW, while institutions and foreigners net sold 107.1 billion KRW and 84.8 billion KRW, respectively.

Celltrion Healthcare (1.12%) and Seegene (2.21%) rose slightly, while biopharmaceutical developer Cellivery closed at the upper limit. Secondary battery company EcoPro BM (2.1%) also rose.

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