Foreigners Net Buyers... KOSPI Maintains Uptrend in Early Trading

[Asia Economy Reporter Minji Lee] The KOSPI is showing an upward trend in the early trading hours, supported by net buying from foreigners.

At 9:11 a.m. on the 8th, the KOSPI stood at 3,294.44, up 0.28% (9.10 points) compared to the previous trading day. The index opened at 3,287.68, up 0.07% (2.34 points) from the previous day. Looking at investor trends, foreigners alone purchased stocks worth 36.9 billion KRW, while individuals and institutions sold stocks worth 8.9 billion KRW and 28 billion KRW respectively.

Sangyoung Seo, a researcher at Mirae Asset Securities, explained, “Due to the options expiration day, attention should be paid to increased volatility caused by foreigners’ futures trading trends. Considering that cumulative net selling of individual stock futures centered on financial investment has occurred, there is a high possibility of net buying in the spot market, and if rollover is not done, net selling in the spot market due to liquidation may proceed.”

Among the top market capitalization stocks, Samsung Electronics traded at 80,900 KRW, up 0.12% from the previous day. Kakao (1.24%), NAVER (1.68%), Samsung Biologics (1.30%), Samsung SDI (0.40%), and Celltrion (0.94%) rose, while SK Hynix (-0.40%) and LG Chem (-0.34%) declined.

At the same time, the KOSDAQ index stood at 1,048.09, up 0.07% (0.73 points) from the previous day. The index opened at 1,047.96, up 0.07% (0.69 points) from the previous day. Looking at investor trends, individuals alone bought stocks worth 93.1 billion KRW, while foreigners and institutions sold stocks worth 80.7 billion KRW and 10.1 billion KRW respectively.

Among the top market capitalization stocks in the KOSDAQ market, Celltrion Healthcare was up 0.53% at 114,800 KRW compared to the previous day. Celltrion Pharm (0.42%), Kakao Games (2.52%), Seegene (0.22%), CJ ENM (0.89%), and SK Materials (1%) rose, while Pearl Abyss (-0.9%), EcoPro BM (-0.96%), and Alteogen (-1.70%) declined.

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