Foreign Investors Turn Net Buyers on KOSPI... KOSDAQ Rises Over 1%
[Asia Economy Reporter Hwang Junho] The KOSPI, which recovered the 3000-point mark the previous day, is extending its gains this morning. With today being the simultaneous expiration day for futures and options, foreign investors' supply and demand were expected to influence the market direction. Unlike the early session, foreigners have turned to net buying, injecting vitality into the market.
As of 10:51 a.m., the KOSPI is at 3018.03, up 0.54% from the previous day. While individual investors, who had been net buyers early in the session, are realizing profits worth 158.2 billion KRW, foreigners and institutions are net buying, pushing the index higher. Institutions and foreigners are net buying 142.6 billion KRW and 4.2 billion KRW respectively.
Among all listed stocks, 664 are rising, while 191 are falling. Among the top market capitalization stocks, Samsung Electronics, which showed mixed trends early in the session, is showing a slight upward trend, currently up 0.26% at 77,600 KRW. SK Hynix, in the same semiconductor sector, is showing a higher increase of 1.67%. Other stocks such as LG Chem (0.40%), Hyundai Motor (0.72%), and Kia (0.96%) are also on the rise.
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The KOSDAQ is also up 1.06% from the previous day, standing at 1016.70. While individuals and institutions are net buying 10.6 billion KRW and 29.9 billion KRW respectively, foreigners are net selling 37.7 billion KRW. Among the top market cap stocks, Celltrion Healthcare (0.86%), EcoPro BM (0.28%), Pearl Abyss (3.67%), and Wemade (4.70%) have surged.
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