KOSPI and KOSDAQ Indices Rise on Individual Net Buying Pressure

[Asia Economy Reporter Minji Lee] The KOSPI and KOSDAQ indices are maintaining an upward trend in the early trading hours due to net buying by individual investors.

At 9:08 a.m. on the 29th, the KOSPI stood at 3,083.92, up 0.48% (14.87 points) from the previous trading day. The KOSPI opened at 3,078.73, up 0.32% (9.68 points) from the previous day, and showed an early rise of over 1% during the session.

Looking at investor trends, individuals alone purchased stocks worth 337.8 billion KRW, while institutions and foreigners sold stocks worth 153.2 billion KRW and 183 billion KRW, respectively.

Among the top market capitalization stocks, Samsung Electronics traded at 84,900 KRW, up 1.43% from the previous day. SK Hynix (3.66%), LG Chem (0.11%), Naver (0.85%), Samsung Biologics (0.24%), and Hyundai Motor (1.47%) also rose.

At the same time, the KOSDAQ index stood at 967.42, up 0.65% (6.19 points) from the previous trading day. The index opened at 963.58, up 0.24% (2.35 points) from the previous day.

Regarding investor trends, individuals alone bought stocks worth 69 billion KRW, while institutions and foreigners sold stocks worth 34.2 billion KRW and 39.6 billion KRW, respectively.

Among the top market capitalization stocks, HLB (0.90%), Seegene (0.18%), EcoPro BM (0.32%), Alteogen (0.21%), Kakao Games (1.15%), CJ ENM (1.31%), and SK Materials (0.29%) also rose.

Seonghoon Seo, a researcher at Samsung Securities, explained, “It appears that the recent several days of adjustment have significantly alleviated overheating. Since bubble concerns around the stock market persist, it is important to focus on sectors and stocks with guaranteed fundamental improvements.”

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