KOSPI Continues Uptrend as Foreigners and Institutions Turn to Net Buying... 2960 Level

[Image source=Yonhap News]

[Asia Economy Reporter Lee Seon-ae] On the 19th, the KOSPI index continued its upward trend into the afternoon. This is interpreted as a result of foreign and institutional investors switching to net buying.

As of 1:31 PM on the day, the KOSPI stood at 2,962.29, up 0.51% from the previous trading day. The KOSDAQ was trading at 1,041.61, up 0.86%.

Foreigners and institutions showed net buying dominance of approximately 12.4 billion KRW and 23.4 billion KRW respectively in the KOSPI market. Foreigners are also net buying about 26.9 billion KRW in the KOSDAQ market. Individuals showed net selling dominance of 69.2 billion KRW in the KOSPI market, while in the KOSDAQ market, they showed net selling dominance of 7.1 billion KRW. Institutions recorded net selling of about 19.6 billion KRW in the KOSDAQ market.

The strong sectors in KOSPI are Pharmaceuticals (+3.08%), Transportation Equipment (+1.02%), and Non-metallic Minerals (+0.93%), while the weak sectors are Construction (-1.32%), Machinery (-0.73%), and Chemicals (-0.62%). In KOSDAQ, the strong sectors are Telecommunications Equipment (+3.99%), Broadcasting Services (+3.84%), and Transportation Equipment & Parts (+3.52%), while the weak sectors are Entertainment & Culture (-2.44%), Finance (-1.06%), and Paper & Wood (-0.84%).

The top market capitalization stocks in KOSPI showing strength include Samsung Electronics (0.71%), SK Hynix (1.82%), Samsung Biologics (5.23%), Kakao (1.61%), and Hyundai Motor (1.95%). On the other hand, LG Chem (-2.58%) and Samsung SDI (-1.31%) are declining. Among the top market capitalization stocks in KOSDAQ, Celltrion Healthcare (3.07%), Kakao Games (0.18%), Wemade (7.20%), Celltrion Pharm (1.35%), and HL Biopharma (6.42%) are on the rise.

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