Individual-Led KOSPI and KOSDAQ... Showing a Slightly Firm Trend
Institutions Net Buyers on KOSPI, Foreigners Net Buyers on KOSDAQ
KOSPI Surpasses 3130 Level Intraday
[Asia Economy Reporter Gong Byung-sun] Both the KOSPI and KOSDAQ are seeing strong buying momentum from individual investors. The KOSPI even surpassed the 3130 mark during the session.
As of 1:53 PM on the 10th, the KOSPI recorded 3126.54, up 0.38% (11.84 points) from the previous day. It had reached 3131.54 at 12:20 PM earlier that day.
Both individual and institutional investors showed strong buying. Individuals and institutions net bought 331.2 billion KRW and 119.1 billion KRW respectively. Foreigners net sold 453.8 billion KRW.
Almost all sectors rose. The textile and apparel sector had the largest increase at 1.45%, followed by electric and gas utilities (1.39%), telecommunications (1.21%), securities (1.18%), and construction (1.09%). The sectors that declined included banking (-3.22%), transportation equipment (-1.79%), medical precision (-0.65%), and machinery (-0.47%).
Many of the top 10 market capitalization stocks showed strength. NAVER had the largest gain at 2.88%, followed by SK Hynix (1.46%), Samsung Biologics (1.31%), Kakao (1.17%), Samsung SDI (0.67%), and Samsung Electronics (0.13%). Kia (-4.53%), Hyundai Motor (-1.44%), and LG Chem (-0.40%) declined. Celltrion remained unchanged.
At the same time, the KOSDAQ recorded 1037.47, up 0.28% (2.85 points) from the previous day. The KOSDAQ started the day higher but turned lower around 9:32 AM before rebounding to show a slight gain.
Strong buying from individuals and foreigners continued as a slight gain. Individuals and foreigners net bought 40.1 billion KRW and 54.2 billion KRW respectively. Institutions net sold 82.2 billion KRW.
Sector indices were mixed. Publishing and media reproduction fell the most at 1.11%, followed by transportation equipment and parts (-0.77%), digital content (-0.70%), broadcasting services (-0.68%), and internet (-0.54%). On the upside were general electric and electronics (4.31%), IT components (1.34%), textiles and apparel (1.33%), construction (1.14%), and computer services (0.91%).
Hot Picks Today
"Samsung and Hynix Were Once for the Underachievers"... Hyundai Motor Employee's Lament
- "Sold Everything Fearing Bankruptcy, Then It Soared 3,900 Times: How a Stock Once Feared for Delisting Became an AI Powerhouse"
- Court Partially Grants Samsung Electronics' Injunction to Prohibit Industrial Action... 100 Million Won Penalty Per Day for Violations
- President Lee Attends Gwangju May 18 Ceremony... Declares 'A Nation Where the People Are the True Owners' at Democratic Cemetery
- "That? It's Already Stashed" Nightlife Scene Crosses the Line [ChwiYak Nation] ③
Most of the top 10 market cap stocks declined. Pearl Abyss fell the most at 3.44%, followed by Alteogen (-1.60%), HLB (-1.37%), SK Materials (-0.90%), Seegene (-0.78%), Celltrion Healthcare (-0.26%), and Celltrion Pharm (-0.26%). EcoPro BM (10.82%), L&F (3.29%), and Kakao Games (2.88%) rose.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.