KOSPI Closes Above 3146...Rises for 3 Consecutive Trading Days

Foreigners Net Buyers for Two Consecutive Days... Institutions Also Buying for Third Day

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[Asia Economy Reporter Minwoo Lee] The KOSPI, which had been steadily declining since mid-month, closed higher for three consecutive trading days for the first time in a while. Foreign investors also showed net buying for two consecutive days.

On the 25th, the KOSPI closed at 3,146.81, up 0.27% (8.51 points) from the previous day. After a slightly firm start, it dropped to 3,124.25 around 11:29 a.m. but began to rebound in the afternoon.

Foreign investors, who showed some buying early in the session, switched to net selling around 10:28 a.m. and expanded their selling afterward. However, they turned back to net buying near the end of the session, closing with a net purchase of 29.6 billion KRW. This marked two consecutive days of buying domestic stocks. Along with this, institutional investors also bought stocks worth 22.1 billion KRW, showing net buying for three consecutive trading days. On the other hand, individual investors net sold stocks worth 26.6 billion KRW.

Many sectors rose. The non-metallic minerals sector posted the largest gain at 4.20%. This was followed by steel & metals (1.39%), chemicals (1.26%), textiles & apparel (1.19%), and machinery (1.11%). Meanwhile, banks (-3.06%), medical precision (-1.27%), and pharmaceuticals (-0.84%) declined.

Among the top 10 stocks by market capitalization, more stocks rose than fell. LG Chem recorded the largest increase at 1.52%. This was followed by Kakao (1.34%), Samsung SDI (0.78%), Kakao (0.73%), and Samsung Electronics (0.13%). Kakao Bank (-3.86%), NAVER (-1.60%), SK Hynix (-1.43%), and Celltrion (-0.18%) declined. Hyundai Motor closed at the same price as the previous day.

The KOSDAQ also closed higher at 1,017.78, up 0.45% (4.60 points). It started slightly firm at 1,017.96 but dropped to 1,006.98 early in the session. After fluctuating, it began to rebound in the afternoon and ultimately closed higher.

Contrary to the KOSPI market, foreign and institutional investors net sold stocks worth 124.4 billion KRW and 182.5 billion KRW, respectively. Meanwhile, individual investors net bought 328.3 billion KRW.

More sectors rose in the KOSDAQ market as well. Chemicals (2.20%), metals (1.74%), and non-metallic minerals (1.10%) led the gains. Broadcasting services (-1.28%) and telecommunications broadcasting services (-1.18%) declined.

Among the top 10 stocks by market capitalization, Alteogen posted the largest gain at 5.38%. This was followed by HL Biopharma (2.79%), L&F (1.22%), Kakao Games (1.19%), EcoPro BM (0.13%), and Celltrion Healthcare (0.08%). Pearl Abyss (-3.71%), SK Materials (-1.42%), Celltrion Pharm (-0.70%), and Seegene (-0.15%) declined.

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