Foreign and Institutional Buying Reversal... KOSPI Touches 3200 Intraday

KOSDAQ Also on the Rise... Approaching 1000

On the morning of the 25th, employees are working in the dealing room at the Hana Bank headquarters in Jung-gu, Seoul. [Image source=Yonhap News]

[Asia Economy Reporter Minwoo Lee] The KOSPI rose nearly 2% compared to the previous trading day, reaching the 3200 level during intraday trading. The combined buying momentum from foreigners and institutions appears to have driven the index's rise.

As of 2:02 PM on the 25th, the KOSPI recorded 3195.91, up 1.76% from the previous trading day. After opening slightly higher at 3144.01, the gains have been expanding. Around 1:32 PM, it even rose to 3204.73.

While individual investors, who were buyers early in the session, turned to selling, foreigners and institutions continued buying together, supporting the index. Individuals sold a net 345.5 billion KRW, whereas foreigners and institutions bought net amounts of 34.6 billion KRW and 357.4 billion KRW, respectively.

Most sectors are on the rise. The transportation and warehousing sector showed the largest gain at 4.77%. This was followed by telecommunications (3.22%), food and beverages (2.65%), and electrical and electronics (2.19%). Only banking (-0.68%), non-metallic minerals (-0.28%), and construction (-0.08%) declined.

Most of the top 10 market capitalization stocks are also rising. Kia Motors led with a 5.9% increase. Next were Celltrion (3.0%), SK Hynix (3.8%), Samsung Electronics (2.4%), Kakao (2.1%), NAVER (1.6%), and Hyundai Motor (1.1%). Samsung Biologics and Samsung SDI remained flat.

The KOSDAQ is also on an upward trend. At the same time, it stood at 995.17, up 1.55% from the previous trading day. After opening slightly higher at 981.05, it has steadily risen, approaching the 1000 mark.

In the KOSDAQ market, buying by foreigners and institutions was also prominent. Foreigners and institutions bought net amounts of 28.4 billion KRW and 11.3 billion KRW, respectively, while individuals sold a net 28.9 billion KRW.

Almost all sectors are rising. Broadcasting services (3.42%), other services (3.35%), distribution (2.86%), and telecommunications and broadcasting services (2.81%) led the gains. Only the construction sector fell by -0.26%.

Most of the top 10 market capitalization stocks also rose. CJ ENM showed the largest gain at 4.8%, followed by Alteogen (4.4%), Celltrion Healthcare (3.9%), Pearl Abyss (2.9%), Kakao Games (2.6%), Celltrion Pharm (2.4%), and Seegene (2.2%). Only EcoPro BM declined slightly by -0.05%.

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