Institutional Net Buying Drives KOSPI Uptrend... KOSDAQ Rises Over 1%

[Image source=Yonhap News]

[Asia Economy Reporter Minji Lee] The KOSPI is showing an upward trend due to net buying by institutions.

As of 1:37 PM on the 30th, the KOSPI stood at 3,144.36, up 0.33 (10.46 points) from the previous trading day. The KOSPI started the day strong, rising 0.86% (26.97 points) to 3,160.87 compared to the previous day. Although it turned downward due to increased selling pressure from foreigners, it is rising again as institutions increased their net buying.

Looking at investor trends, foreigners and individuals sold stocks worth 331 billion KRW and 58.9 billion KRW respectively, while institutions alone bought stocks worth 247.2 billion KRW.

Among the top market capitalization stocks, Samsung Electronics traded at 74,500 KRW, up 0.27% from the previous day. SK Hynix (0.48%), NAVER (1.55%), Kakao (1.33%), and Hyundai Motor (0.96%) rose, while Samsung Biologics (-0.11%), LG Chem (-1.53%), Samsung SDI (-0.78%), and Celltrion (-0.34%) declined.

At the same time, the KOSDAQ index stood at 1,033.92, up 1.01% (10.41 points) from the previous day. The KOSDAQ started the day at 1,030.65, up 0.70% (7.14 points) from the previous day.

Regarding investor trends, individuals alone bought stocks worth 53.9 billion KRW, while foreigners and institutions bought stocks worth 32.5 billion KRW and 6.4 billion KRW respectively. Among the top market capitalization stocks, HL Biopharma (21.79%), Pearl Abyss (13.48%), Kakao Games (1.36%), Alteogen (0.37%), and Seegene (1.41%) rose, while Celltrion Healthcare (-0.81%), EcoPro BM (-1.55%), SK Materials (-1%), and L&F (-1.44%) declined.

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