Even with an individual throwing 1.2 trillion won... KOSPI and KOSDAQ Maintain Upward Momentum
[Asia Economy Reporter Minji Lee] The KOSPI and KOSDAQ indices continue to maintain an upward trend in the afternoon session. Although individual investors have sold stocks worth approximately 1.2 trillion KRW in the domestic market, buying pressure from foreigners and institutions is supporting the rise.
As of 1:50 PM on the 24th, the KOSPI stood at 3,014.50, up 0.54% (16.33 points) from the previous trading day. The index opened at 3,009.48, up 0.38% (11.31 points) from the previous day, and has continued its upward momentum.
Currently, individual investors have sold stocks worth 890 billion KRW alone, while foreigners and institutions have purchased stocks worth 173.4 billion KRW and 698.8 billion KRW, respectively.
Among the top market capitalization stocks, Samsung Electronics traded up 0.75% at 80,500 KRW. SK Hynix (0.39%), NAVER (2.25%), Kakao (1.77%), Hyundai Motor (3.35%), Samsung SDI (1.56%), and Kia (1.19%) also showed gains. On the other hand, Samsung Biologics (-0.89%) and LG Chem (-1.89%) continued to decline.
At the same time, the KOSDAQ index stood at 1,008.51, up 0.52% (5.20 points) from the previous trading day. The index opened at 1,008.05, up 0.47% (4.47 points) from the previous day, and maintained its upward trend. In the KOSDAQ market, individual investors sold stocks worth 300.9 billion KRW alone, while foreigners and institutions bought stocks worth 147 billion KRW and 163.5 billion KRW, respectively.
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Among the top market capitalization stocks in the KOSDAQ market, Celltrion Healthcare traded up 0.99% at 81,700 KRW. Following were Pearl Abyss (1.93%), L&F (1.86%), Kakao Games (0.89%), Wemade (0.84%), Celltrion Pharm (0.87%), and Chunbo (0.33%), all showing gains.
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