Samcheonpi fails but Cheonseudak holds... Korean stock market closes flat

KOSDAQ Top Market Cap Stocks Show Upward Trend

[Asia Economy Reporter Minwoo Lee] The KOSPI closed slightly lower after giving up the 3000-point mark again. The KOSDAQ also fell slightly but managed to hold above the 1000-point level.

On the 5th, the KOSPI closed at 2969.27, down 0.47% (13.95 points) from the previous day. It opened slightly higher at 3003.53 but remained below the 3000-point level throughout the trading session from early on.

By investor type, foreigners and individuals were net buyers of 41.5 billion won and 387.7 billion won respectively. Institutions were net sellers of 446 billion won.

Most sectors declined. The banking sector saw the largest drop at -3.90%, followed by steel & metals (-3.01%), construction (-1.39%), and finance (-1.12%). Textile & apparel (3.94%) and transportation equipment (0.36%) rose.

Among the top 10 stocks by market capitalization, Kakao had the largest decline at -1.15%. Samsung Electronics (-0.57%), LG Chem (-0.51%), NAVER (-0.24%), and Samsung Biologics (-0.12%) mostly remained slightly down. Kia (1.15%), SK Hynix (0.94%), Samsung SDI (0.53%), Hyundai Motor (0.47%), and Celltrion (0.24%) rose.

The KOSDAQ closed at 1001.35, down 0.01% (0.08 points) from the previous day. It started slightly higher at 1006.04 and fluctuated around the 1000-point level throughout the session.

In the KOSDAQ market, foreigners and institutions were net buyers of 87.1 billion won and 57.7 billion won respectively. Individuals sold 153 billion won worth of shares.

Many sectors also declined. Non-metal (-2.97%), metal (-2.43%), broadcasting services (-1.39%), and medical & precision instruments (-1.30%) saw the largest drops. General electric & electronics (3.95%), digital content (0.41%), and other manufacturing (1.61%) rose.

Among the top 10 stocks by market capitalization, more stocks rose. EcoPro BM closed up sharply by 9.48%. Following were Kakao Games (7.35%), Pearl Abyss (6.78%), HLB (2.71%), L&F (2.05%), Celltrion Healthcare (0.71%), and CJ ENM (0.48%). Wemade (-1.20%), SK Materials (-0.97%), and Celltrion Pharm (-0.42%) declined.

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