KOSPI Maintains 3160 Level Amid Foreigners and Institutions' Dual Buying Pressure

KOSDAQ Rises Over 1.4%... Recovers to 960 Level

On the morning of the 25th, the KOSPI is displayed in the dealing room of Hana Bank's headquarters in Jung-gu, Seoul. [Image source=Yonhap News]

[Asia Economy Reporter Minwoo Lee] The KOSPI is maintaining the 3160 level, supported by simultaneous buying from foreigners and institutions.

As of 1:53 PM on the 25th, the KOSPI recorded 3167.05, up 0.72% from the previous day. After a firm start at 3152.93, it has steadily maintained the 3160 level.

It is interpreted that the index is being driven by net buying from foreigners and institutions. At the same time, foreigners and institutions net purchased 30.8 billion KRW and 652.9 billion KRW worth of stocks, respectively. On the other hand, individuals net sold 689.9 billion KRW worth of stocks.

Almost all sectors are on the rise. Transportation and warehousing (2.84%) and food and beverages (2.72%) rose more than 2%. This was followed by paper and wood (1.47%), distribution (1.12%), and electrical and electronics (0.80%) in order of largest gains. Textile and apparel (-2.06%) and construction (-0.88%) declined.

At the same time, the KOSDAQ rose 1.40% from the previous day to 961.60. After opening at 949.78, up 0.15% from the previous day, it expanded its gains and recovered the 960 level in one day.

Again, buying by foreigners and institutions was strong. They net purchased 135.5 billion KRW and 51.8 billion KRW worth of stocks, respectively. Individuals sold 177.6 billion KRW worth of stocks.

Most sectors in the KOSDAQ market are also rising. The distribution sector had the largest gain at 2.97%, followed by entertainment and culture (2.75%) and food, beverages, and tobacco (2.14%). Only transportation (-1.12%), other manufacturing (-0.31%), and metals (-0.12%) sectors declined.

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