The Still Quiet 'Four Witches Day'... KOSPI Recovers to 3230

Despite Foreigners and Institutions Selling Both Sides, 'Holding Up'
KOSDAQ Rises Over 1%... Surpasses 990

[Image source=Yonhap News]

[Asia Economy Reporter Minwoo Lee] The KOSPI has recovered to the 3230 level. Despite simultaneous net selling by foreigners and institutions on the 'Quadruple Witching Day,' when futures and options expire, the index is holding firm without falling. Meanwhile, the KOSDAQ is rising by more than 1%.

As of 2:20 PM on the 10th, the KOSPI recorded 3230.69, up 0.45% from the previous day. After opening slightly higher at 3216.94, it dipped just before breaking below the 3210 level but has since recovered.

In the KOSPI market, foreigners and institutions net sold 45.7 billion KRW and 207.9 billion KRW respectively. On the other hand, individuals net bought 251.8 billion KRW.

Many sectors are rising. Several sectors, including Pharmaceuticals (2.61%) and Services (2.35%), increased by more than 2%. Conversely, Machinery (-3.43%) and Construction (-1.85%) declined.

At the same time, the KOSDAQ rose 1.35% to 991.99 compared to the previous day. The KOSDAQ also started slightly higher at 979.52 and gradually widened its gains, recovering above the 990 level for the first time in three trading days since the 7th.

Unlike the KOSPI, foreigners and institutions in the KOSDAQ market bought 151.1 billion KRW and 173.4 billion KRW respectively. Meanwhile, individuals sold 3,123.1 billion KRW.

Almost all sectors rose. Medical & Precision Instruments (2.52%), Pharmaceuticals (2.36%), and Other Services (2.34%) showed strong gains. Financials were the only sector to fall, down 0.32%.

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