KOSPI Holds Firm Amid Individual and Institutional Buying...

KOSDAQ Turns Down During Trading Session

[Image source=Yonhap News]

[Asia Economy Reporter Gong Byung-sun] The KOSPI is showing a firm upward trend, supported by purchases from individual and institutional investors.

As of 2 PM on the 6th, the KOSPI recorded 3,163.37, up 0.51% (16.00 points) compared to the previous trading day. It rose to 3,174.16 at 10:53 AM but showed slight fluctuations, dropping to 3,154.33 at 12:07 PM.

Buying by individuals and institutions led to the index's rise. Individuals and institutions net purchased 54.3 billion KRW and 68.4 billion KRW, respectively. Foreigners net sold 121.3 billion KRW.

Almost all sectors rose. The banking sector had the largest increase at 6.02%, followed by steel and metals (4.87%), transportation and warehousing (4.20%), insurance (3.39%), and securities (3.29%). Meanwhile, electrical and electronics (-1.13%), transportation equipment (-0.61%), and services (-0.46%) declined.

Most of the top 10 companies by market capitalization fell. Celltrion had the largest drop at -3.08%, followed by SK Hynix (-2.65%), Samsung SDI (-1.85%), Kakao (-1.73%), NAVER (-1.10%), Samsung Electronics (-0.85%), and Hyundai Motor (-0.67%). POSCO (4.65%), Samsung Biologics (1.96%), and LG Chem (1.63%) rose.

At the same time, the KOSDAQ recorded 965.46, up 0.18% (1.74 points) from the previous trading day. It rose to 971.65 early in the session but turned downward at 11:31 AM.

Trading volume on the KOSDAQ is surpassing that of the KOSPI today. Foreigners and institutions net sold 234 billion KRW and 110.4 billion KRW, respectively. Individuals net purchased 339.8 billion KRW.

Sector indices showed mixed movements. Metals had the largest increase at 2.50%, followed by textiles and apparel (2.31%), transportation (2.14%), finance (1.97%), and non-metallic minerals (1.32%). On the other hand, paper and wood (-1.46%) had the largest decline, followed by distribution (-1.37%), digital content (-1.12%), pharmaceuticals (-1.06%), and entertainment and culture (-0.75%).

Most of the top 10 companies by market capitalization declined. HL Biopharma had the largest drop at -3.31%, followed by Alteogen (-3.10%), Celltrion Pharm (-2.77%), Celltrion Healthcare (-2.63%), Studio Dragon (-2.10%), Kakao Games (-1.50%), Pearl Abyss (-1.27%), and SK Materials (-0.06%). CJ ENM (0.94%) and EcoPro BM (0.67%) rose.

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