KOSPI Sideways... Maintaining the 3130 Level

KOSDAQ Also Moves Sideways in the 1010 Range

On the morning of the 25th, the KOSPI index and exchange rates are displayed on the electronic board in the dealing room of Hana Bank's headquarters in Jung-gu, Seoul. [Image source=Yonhap News]

[Asia Economy Reporter Minwoo Lee] The KOSPI continues to hover around the 3130 level. While foreign investors switched to net selling compared to the early session, institutional investors reversed to net buying, resulting in a sideways movement of the index.

As of 1:57 PM on the 25th, the KOSPI recorded 3139.28, up 0.03% from the previous day. After a firm start at 3148.13, it rose to 3161.00 around 9:12 AM but then settled back to the 3130 range, moving sideways.

Foreign investors, who had shown net buying earlier in the morning, are now net selling 78.8 billion KRW worth. Individuals and institutions are net buying 69.9 billion KRW and 39.4 billion KRW worth, respectively.

Most sectors showed gains. The non-metallic minerals sector had the largest increase at 3.99%, followed by steel & metals (1.47%), textiles & apparel (1.06%), chemicals (1.04%), and transportation & warehousing (0.91%). Banks (-2.94%), medical precision (-1.07%), and pharmaceuticals (-0.93%) declined.

At the same time, the KOSDAQ fell 0.12% to 1012.01. After a firm start at 1017.96, it briefly dropped to the 1000 level but then rose back above 1010.

In the KOSDAQ market, foreign and institutional investors have been steadily net selling. They sold 212.9 billion KRW and 180.2 billion KRW worth, respectively. Meanwhile, individuals net bought 412.9 billion KRW.

The number of sectors that rose and fell was similar. Digital content (-1.22%), telecommunication services (-1.00%), broadcasting & telecommunication services (-0.95%), and broadcasting services (-0.94%) declined, while chemicals (1.45%), metals (1.25%), and non-metallic minerals (1.05%) rose.

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