KOSPI Shows Mixed Trends...Recovers to 3150 Level in Early Trading

KOSDAQ Starts Down 0.06%... Turns Up by 9:25 AM

On the first day of the partial resumption of short selling on the 3rd, the KOSPI index is displayed on the electronic board in the dealing room of Hana Bank in Euljiro, Seoul. Photo by Mun Ho-nam munonam@

[Asia Economy Reporter Gong Byung-sun] The KOSPI showed mixed trends in the early session, fluctuating up and down. It briefly recovered above the 3150 level in the early trading.

On the 6th, the KOSPI opened at 3147.72, up 0.01% (0.35 points) from the previous trading day. During the early session, it dropped to 3133.64 before rising to 3150.72 at 9:19 a.m., showing repeated fluctuations.

Foreigners and institutions showed strong selling pressure. Foreigners and institutions sold 71.8 billion KRW and 11.2 billion KRW respectively. Individuals were net buyers with 82.7 billion KRW.

Many sectors rose. The banking sector had the largest gain at 3.53%. This was followed by steel and metals (2.43%), transportation and warehousing (1.76%), construction (1.53%), and insurance (1.49%). On the other hand, electricity and electronics (-0.99%), non-metallic minerals (-0.73%), services (-0.44%), manufacturing (-0.28%), and distribution (-0.19%) declined in that order.

Among the top 10 stocks by market capitalization, most fell. Celltrion had the largest drop at -2.31%. This was followed by SK Hynix (-1.89%), NAVER (-0.96%), Samsung Electronics (-0.85%), Samsung SDI (-0.77%), Kakao (-0.43%), and Hyundai Motor (-0.22%). POSCO (2.79%), LG Chem (1.09%), and Samsung Biologics (0.79%) rose.

On the same day, the KOSDAQ opened at 966.62, down 0.06% (0.58 points) from the previous day. It turned positive at 9:25 a.m., reaching 967.21.

Again, selling by foreigners and institutions led to the index decline. Foreigners and institutions were net sellers of 25.2 billion KRW and 18.7 billion KRW respectively. Individuals were net buyers with 53.1 billion KRW.

The sector indices showed mixed movements. Construction had the largest gain at 1.21%, followed by metals (1.15%), food and tobacco (0.97%), transportation (0.96%), and finance (0.84%). Conversely, digital content had the largest loss at -1.32%, followed by paper and wood (-0.99%), pharmaceuticals (-0.83%), distribution (-0.81%), and other services (-0.63%).

All of the top 10 stocks by market capitalization declined. Kakao Games had the largest drop at -2.25%, followed by Pearl Abyss (-2.17%), Celltrion Pharm (-1.84%), HL Biopharma (-1.81%), Alteogen (-1.55%), Celltrion Healthcare (-1.54%), Studio Dragon (-1.24%), SK Materials (-1.02%), EcoPro BM (-0.90%), and CJ ENM (-0.33%).

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