KOSPI Starts Slightly Higher Amid Solo Net Buying by Individuals

[Image source=Yonhap News]

[Asia Economy Reporter Park Jihwan] The KOSPI opened higher in early trading, supported by net buying from individual investors.

As of 9:13 a.m. on the 10th, the KOSPI stood at 3,087.16, up 0.08% (2.49 points) from the previous trading day. The index opened at 3,088.13, up 3.46 points (0.11%) from the previous day.

Looking at investor demand by type, individual investors were the sole net buyers with 93.6 billion KRW. In contrast, foreigners and institutions were net sellers of 21 billion KRW and 70.4 billion KRW, respectively.

Among the top 10 market capitalization stocks, Samsung Electronics and SK Hynix showed weakness in early trading. Samsung Electronics was down 0.36% from the previous day at 82,400 KRW, and SK Hynix fell 0.40% to 125,000 KRW. Excluding semiconductor stocks, most of the top market cap stocks such as LG Chem (0.62%), NAVER (1.67%), Samsung SDI (0.39%), Samsung Biologics (0.12%), and Hyundai Motor (0.85%) were trading higher during the session.

At the same time, the KOSDAQ index stood at 956.73, down 0.12% (1.12 points) from the previous trading day. The index started at 958.45, up 0.60 points (0.06%), but turned lower in early trading.

Regarding investor trends, individual investors were net buyers of 53.4 billion KRW, while foreigners and institutional investors were net sellers of 31.5 billion KRW and 16.1 billion KRW, respectively.

Among the top market cap stocks, movements were mixed. Celltrion Healthcare (0.21%) and Pearl Abyss (2.37%) rose, while Seegene (-0.74%) and Alteogen (-0.42%) declined.

The domestic stock market is expected to experience high volatility due to options expiration today. Kiwoom Securities researcher Seo Sang-young explained, "Due to the impact of options expiration, market fluctuations may widen depending on foreign futures trends, so it is necessary to pay attention to related demand and supply," adding, "The domestic stock market will show changes depending on foreign demand and supply."

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