Foreigners' Net Buying Drives Continued Rise in KOSPI and KOSDAQ

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[Asia Economy Reporter Minji Lee] The KOSPI and KOSDAQ indices are showing an upward trend, supported by net buying from foreign investors.

As of 2:25 PM on the 15th, the KOSPI stood at 3,282.26, up 0.56% (18.31 points) compared to the previous trading day. The KOSPI opened at 3,269.33, up 0.14% (4.52 points) from the previous day, and has been increasing its gains. Looking at investor trends, foreign investors and institutions bought stocks worth 68.4 billion KRW and 194.5 billion KRW respectively, while individual investors sold stocks worth 272.3 billion KRW alone.

Among the top market capitalization stocks, Samsung Electronics and SK Hynix rose by 1.01% and 0.40%, respectively. Samsung Biologics (1.50%), Samsung SDI (1.21%), Hyundai Motor (0.43%), and Celltrion (2.11%) also increased. On the other hand, NAVER (-0.11%), Kakao (-1.54%), and LG Chem (-2.84%) declined.

At the same time, the KOSDAQ index stood at 1,055.28, up 0.99% (10.30 points) from the previous trading day. This is the highest level of the year, surpassing the previous peak of 1,050.31 on July 7. The KOSDAQ opened at 1,046.57, up 0.15% (1.59 points) from the previous day, and is showing a rise of over 1%. Looking at investor trends, foreign investors alone bought stocks worth 92.6 billion KRW. Individual and institutional investors sold stocks worth 26.1 billion KRW and 44.7 billion KRW, respectively.

Among the top market capitalization stocks, Celltrion Healthcare (2.99%), EcoPro BM (10.14%), Pearl Abyss (1.29%), HL Biopharma (17.19%), CJ ENM (2.34%), and SK Materials (1.18%) rose, while Kakao Games (-0.74%) declined.

Seosangyoung, a researcher at Mirae Asset Securities, explained, “With China’s real economy indicators showing better-than-expected results, net buying inflows from foreign investors positively affected the stock market. In the case of KOSDAQ, Apple-related semiconductors, IT hardware, and components showed strength, maintaining the upward trend.”

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