Korean Stock Market Starts Slightly Firm, Maintaining 3,000 KOSPI and 1,000 KOSDAQ Levels
Foreigners and Institutions Both Buy on KOSPI
[Asia Economy Reporter Minwoo Lee] The KOSPI and KOSDAQ, which started slightly higher, are maintaining the 3000 and 1000 levels respectively in the early trading session.
On the 27th, the KOSPI opened at 3013.94, up 0.05% (1.51 points) from the previous trading day. It then rose to 3016.20 as of 9:22 AM.
In the early session, foreigners and institutions net bought 10.2 billion KRW and 63.6 billion KRW respectively, while individuals sold 77.8 billion KRW worth of stocks.
By sector, the number of rising and falling sectors was about the same. Medical precision (2.49%), machinery (0.61%), pharmaceuticals (0.61%), and chemicals (0.55%) rose, while transportation and warehousing (-0.76%), banking (-0.49%), and electrical and electronics (-0.23%) fell.
Among the top 10 market capitalization stocks, more fell than rose. Kakao had the largest decline at -0.87%, followed by KakaoBank (-0.50%), Samsung SDI (-0.46%), SK Hynix (-0.39%), NAVER (-0.26%), and Samsung Electronics (-0.25%). LG Chem (1.29%), Samsung Biologics (0.90%), and Hyundai Motor (0.23%) rose.
The KOSDAQ also started slightly higher at 1008.90, up 0.15% (12.48 points) from the previous trading day. It then reached 1010.59 at the same time.
In the KOSDAQ market, individuals and foreigners bought 41.5 billion KRW and 8.2 billion KRW respectively. Foreigners net sold 45 billion KRW.
By sector, distribution (1.01%), pharmaceuticals (0.96%), other services (0.74%), and construction (0.57%) rose. Entertainment and culture (-2.10%), textiles and apparel (-1.08%), and computer services (-0.64%) fell.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Among the top 10 market capitalization stocks, Celltrion Pharm (3.27%), Celltrion Healthcare (2.44%), Pearl Abyss (1.58%), Chunbo (0.45%), and Seegene (0.33%) rose. Wemade (-1.55%), L&F (-0.76%), HLB (-0.60%), Kakao Games (-0.22%), and EcoPro BM (-0.18%) fell.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.