Foreigners and Institutions Net Buying Keep KOSPI Above 3200 in Morning Session

On the 20th, the electronic board in the dealing room of Hana Bank in Euljiro, Jung-gu, Seoul displays the KOSPI index, the won-dollar exchange rate, and the KOSDAQ index. Photo by Mun Ho-nam munonam@

[Asia Economy Reporter Minji Lee] The KOSPI continues its upward trend as net buying by foreigners and institutions expands.

At 11:03 a.m. on the 21st, the KOSPI stood at 3,212.73, up 0.43% (13.79 points) from the previous trading day. The KOSPI started the day at 3,198.31, down 0.02% (0.53 points) from the previous day, but has since increased its gains. Looking at investor trends, foreigners and institutions bought stocks worth 126.7 billion KRW and 7 billion KRW respectively. Meanwhile, individuals, who had been net buyers in the early session, sold stocks worth 140.4 billion KRW on their own.

Despite the Philadelphia Semiconductor Index falling about 2.5% due to the decline of U.S. IT companies the previous day, the domestic semiconductor sector has not shown a significant drop. By sector, the largest gains were seen in textiles and apparel (2.83%), securities (2.58%), insurance (2.07%), and construction (1.72%). The electrical and electronics sector, which includes semiconductor-related companies, also rose by 0.3%.

Among the top market capitalization stocks, Samsung Electronics traded up 0.6% at 83,800 KRW. NAVER (0.26%), LG Chem (0.57%), Samsung Biologics (0.84%), Kakao (0.84%), and Samsung SDI (0.29%) also rose. On the other hand, SK Hynix (-0.36%) and Hyundai Motor (-0.22%) declined.

At the same time, the KOSDAQ index turned positive. After declining in the early session, the KOSDAQ stood at 1,029.81, up 0.03% (0.35 points) from the previous day. The KOSDAQ started the day at 1,029.18, down 0.03% (0.28 points), continuing its downward trend, but rose slightly as individual investors increased their net buying. Looking at investor trends, individuals bought stocks worth 144.1 billion KRW alone, while foreigners and institutions sold stocks worth 103.2 billion KRW and 19.8 billion KRW respectively.

By sector, the largest gains were in finance (2.3%), publishing (1.9%), and broadcasting services (1.4%), while the largest declines were in paper and wood (-1.6%), distribution (-1.2%), and textiles and apparel (-1.09%). Among the top market capitalization stocks, Celltrion Healthcare (-2.44%), Celltrion Pharm (-2.37%), Seegene (-0.48%), Pearl Abyss (-1.75%), Kakao Games (-1.2%), and EcoPro BM (-1.5%) also declined.

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