Individual Investors Selling Alone, Foreigners and Institutions Buying Together... Samsung Electronics Hits 80,000 Won

[Image source=Yonhap News]

[Asia Economy Reporter Lee Seon-ae] The KOSPI index started higher and continued its upward trend, fluctuating around the 2990 level.

As of 1:57 PM on the 23rd, the KOSPI was up 0.18% at 2989.82, and the KOSDAQ was up 0.33% at 1003.43.

Foreign investors and institutions are supporting the index rise with simultaneous buying. Foreigners have a net buying advantage of approximately 180.9 billion KRW on the KOSPI and 21.3 billion KRW on the KOSDAQ, while institutions also have net buying advantages of about 359.5 billion KRW and 219.2 billion KRW respectively. Only individual investors are net sellers with about 548.9 billion KRW and 204 billion KRW net selling on each market.

The strong sectors on the KOSPI are steel and metal (+0.83%), electrical and electronics (+0.81%), and transportation equipment (+0.69%), while the weak sectors are medical precision (-1.38%), paper and wood (-0.75%), and pharmaceuticals (-0.71%).

Among the top market capitalization stocks, Hyundai Mobis (2.79%) and Samsung SDI (1.58%) are on the rise. Samsung Biologics (-1.33%), Kakao (-1.31%), and KakaoBank (-1.15%) are declining.

Samsung Electronics touched 80,000 KRW during the session. This is the first time Samsung Electronics has reached the 80,000 KRW level in four months since August this year. Except for five trading days this month, Samsung Electronics has shown an upward trend. The stock price, which was 71,300 KRW at the end of November, has risen 12% in one month.

The strong sectors on the KOSDAQ are IT components (+2.71%), semiconductors (+2.25%), and broadcasting services (+1.27%), while the weak sectors are transportation equipment and parts (-0.79%), other services (-0.76%), and publishing and media reproduction (-0.52%).

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