KOSPI Continues Uptrend... Individuals Engage in 'Profit Taking'

On the 13th, dealers are working in the Hana Bank dealing room in Euljiro, Seoul, where the KOSPI index showed an early morning upward trend. The index started at 3,253.24, up 6.77 points (0.21%). Photo by Moon Honam munonam@

[Asia Economy Reporter Hwang Junho] On the 13th, the stock market maintained an upward trend amid mixed movements of individual investors realizing profits who had driven the market up, and net buying by foreigners and institutions.

The KOSPI stood at 3,267.30, up 20.83 points (0.63%) as of 10:20 AM. On this day, individuals were net sellers with 227.6 billion KRW, while institutions and foreigners were net buyers with 159.5 billion KRW and 70.8 billion KRW, respectively. Among all listed stocks, 621 rose, 205 fell, and 85 remained unchanged.

Among the top market capitalization stocks, the leader Samsung Electronics rose 0.38% to 80,000 KRW. SK Hynix also increased by 2.08% to 122,500 KRW. Kakao (0.31%) and NAVER (2.75%) also showed upward trends.

By sector, retail (1.62%), services (1.13%), and finance (1.11%) all recorded gains of over 1%. Following rumors of Interpark's sale, its subsidiary iMarket Korea surged 21.63% to 12,650 KRW. Inbiogen also rose 18.83% to 5,300 KRW.

The KOSDAQ index rose 2.81 points (0.67%) to 1,041.58. Foreigners were net buyers with 41.5 billion KRW, while individuals and institutions were net sellers with 4.3 billion KRW and 16.9 billion KRW, respectively. Among the top market cap stocks, Celltrion Healthcare rose 1.34% to 113,300 KRW. Kakao Games increased 2.12% to 81,700 KRW, and Celltrion Pharm rose 0.24% to 164,400 KRW.

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