KOSPI Rebounds Upward... Continues Rising Above '2980 Level'

[Image source=Yonhap News]

[Asia Economy Reporter Ji-hwan Park] The KOSPI, which had expanded its decline to over 1% in the early session, has turned to an upward trend and is maintaining a firm rise.

As of 2:17 PM on the 6th, the KOSPI is trading at 2,981.06, up 14.11 points (0.43%) from the previous trading day. The index opened at 2,954.82, down 13.51 points (0.46%), and initially widened its losses to 2,954.82. However, it gradually reduced the decline and eventually succeeded in reversing to a rise around 11 AM.

By investor type, foreigners and institutions are net buyers of 48.1 billion KRW and 70.1 billion KRW respectively. Individuals are net sellers of 125.5 billion KRW.

Among the top 10 market capitalization stocks, Samsung Electronics (1.32%), SK Hynix (0.85%), LG Chem (0.28%), Samsung SDI (1.30%), Hyundai Motor (0.24%), and Kia (1.82%) rose. On the other hand, Naver (-2.61%), Samsung Biologics (-0.22%), and Kakao (-2.02%) declined.

At the same time, the KOSDAQ is trading at 991.93, down 6.54 points (0.66%). The index started the day at 990.07, down 8.40 points (0.84%), and has continued a weak trend.

By investor type on the KOSDAQ, individuals are net buyers of 432.4 billion KRW. Foreigners and institutions are net sellers of 297.4 billion KRW and 134.8 billion KRW respectively.

Among the top 10 market capitalization stocks, Seegene (0.15%) was the only gainer. Wemade (-9.78%), EcoPro BM (-4.68%), L&F (-4.41%), Kakao Games (-4.83%), HLB (-2.91%), Celltrion Healthcare (-2.29%), Celltrion Pharm (-1.88%), and Pearl Abyss (-2.79%) declined.

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