KOSPI Hesitates... 3000 Level 'Wavers'

KOSDAQ Maintains Strong Slightly Firm Trend

On the 27th, employees are working in the dealing room at the Myeongdong Hana Bank headquarters in Jung-gu, Seoul. [Image source=Yonhap News]

[Asia Economy Reporter Minwoo Lee] The KOSPI, which started slightly higher, is wavering around the 3000 mark. Meanwhile, the KOSDAQ is maintaining a firm upward trend, holding steady in the 1011 range.

As of 1:46 PM on the 27th, the KOSPI recorded 3002.03, down 0.34% from the previous trading day. After opening slightly higher at 3013.94, it dropped to 3000.00 at 9:57 AM. It then rebounded slightly but remains near the 3000 level.

Foreign investors and institutions continue to show net buying. They purchased net amounts worth 13.1 billion KRW and 287.2 billion KRW, respectively. In contrast, individual investors sold a net amount of 294.9 billion KRW.

More sectors declined than rose. The transportation and warehousing sector (-1.53%) experienced the largest drop, followed by banking (-1.25%), telecommunications (-0.94%), services (-0.79%), and electrical and electronics (-0.59%). Meanwhile, medical precision (2.50%), textiles and apparel (0.93%), and pharmaceuticals (0.42%) saw gains.

The KOSDAQ rose 0.42% from the previous trading day to 1011.75. After opening slightly higher at 1008.90, it has maintained the 1010 level.

In the KOSDAQ market, only institutions showed net buying, purchasing 209.5 billion KRW worth. Foreign investors and individuals sold net amounts of 200 million KRW and 193.2 billion KRW, respectively.

Unlike the KOSPI market, more sectors rose than fell. Pharmaceuticals (1.92%), medical and precision instruments (1.88%), distribution (1.79%), other services (1.25%), and digital content (1.12%) showed significant gains. Publishing and media reproduction (-2.44%), entertainment and culture (-2.08%), and transportation equipment and parts (-0.72%) declined.

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