Individual net buys 1.5 trillion KRW in one month... KOSPI closes with reduced losses

Closed at 3243... KOSDAQ Maintains Above 1050 Level

[Asia Economy Reporter Minwoo Lee] The KOSPI closed slightly lower compared to the previous day, ending in a weakly negative territory. This appears to be due to individual investors continuing net purchases exceeding 1.5 trillion KRW for the first time in a month, while institutional investors also reduced their selling volume toward the end of the trading session.

On the 10th, the KOSPI closed at 3,243.19, down 0.53% (17.23 points) from the previous day. After starting with a firm opening at 3,272.44, the decline widened. At one point in the afternoon, it dropped to 3,232.46, down 0.86% from the previous day. However, the decline gradually narrowed, and the market closed in the 3,240 range.

In the KOSPI market, only individual investors showed net buying. They purchased a total of 1.5433 trillion KRW, marking the largest single-day net purchase since 1.8006 trillion KRW on the 9th of last month. Foreigners and institutions net sold 638.2 billion KRW and 383.3 billion KRW, respectively. Institutional investors increased their net selling to 445.9 billion KRW around 3 p.m., but reduced their net selling volume again by the market close.

Most sectors declined. The banking sector's drop was overwhelmingly large at -7.63%. This was followed by food and beverages (-1.91%), finance (-1.45%), and electrical and electronics (-1.35%). Pharmaceuticals (5.36%), medical precision instruments (4.30%), and securities (0.16%) rose.

Among the top 10 market capitalization stocks, most fell. SK Hynix had the largest decline at -3.02%, followed by Kia (-2.32%), Samsung Electronics (-1.60%), Kakao (-1.01%), Hyundai Motor (-0.90%), and NAVER (-0.22%). KakaoBank dropped 9.04%, falling to 11th in market capitalization. On the other hand, Samsung Biologics (4.18%), Samsung SDI (2.83%), Celltrion (1.50%), and LG Chem (0.71%) rose.

The KOSDAQ index closed at 1,052.07, down 0.75% (7.93 points) from the previous day. It also started with a firm opening at 1,060.90 but shifted to a downward trend early in the session. At one point in the morning, it fell more than 1%, dropping to the 1,040 range.

Similar to the KOSPI, only individual investors showed net buying in the KOSDAQ market. They purchased a total of 231.1 billion KRW, about half the size compared to 449 billion KRW the previous day. Meanwhile, foreigners and institutions net sold 110.4 billion KRW and 104.7 billion KRW, respectively.

Almost all sectors declined. The internet sector had the largest drop at -4.95%, followed by paper and wood (-2.35%), entertainment and culture (-2.18%), non-metallic minerals (-2.14%), and transportation equipment and parts (-1.66%). Only textiles and apparel (0.59%), medical and precision instruments (0.40%), and pharmaceuticals (0.25%) showed slight gains.

Among the top 10 market capitalization stocks, Alteogen had the largest decline at -3.41%, followed by HLB (-2.19%), CJ ENM (-0.93%), Celltrion Pharm (-0.78%), Celltrion Healthcare (-0.18%), and EcoPro BM (-0.16%). Kakao Games (1.33%), Seegene (1.13%), Pearl Abyss (0.14%), and SK Materials (0.02%) rose.

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