KOSPI Up 0.3%, Trades Around 2980 on Foreign and Individual Buying Pressure

This year, the KOSPI index made new history in the domestic stock market by surpassing the 3300 mark despite the shock of COVID-19. At the same time, the index experienced sharp declines due to tapering (asset purchase reduction), inflation, US-China conflicts, and concerns over variant viruses. In the new year of Im In, we hope that the Korean economy will leap forward more vigorously with the bravery of the tiger. On the 22nd, the year is coming to an end in the Yeouido financial district of Seoul. Photo by Moon Honam munonam@

[Asia Economy Reporter Minji Lee] The KOSPI continues its upward trend in the afternoon, although the rate of increase has slightly decreased compared to the early session.

As of 12:05 PM on the 3rd, the KOSPI stands at 2,987.94, up 0.35% (10.29 points) from the previous trading day. The index opened the session at 2,998.32, up 0.69% (20.67 points) from the previous day, and at one point showed an increase of over 1%. Looking at investor trends, foreigners and individuals continue to be net buyers. Foreigners and individuals purchased stocks worth 226 billion KRW and 224.5 billion KRW respectively, while institutions sold stocks worth 453 billion KRW alone.

Among the top market capitalization stocks, Samsung Electronics (0.77%), Samsung Biologics (0.66%), Kakao (1.78%), Hyundai Motor (0.48%), LG Chem (0.81%), and Kia (0.49%) are showing gains, while SK Hynix (-1.15%), NAVER (-0.66%), and Samsung SDI (-0.92%) have declined.

At the same time, the KOSDAQ index is showing a downward trend. The KOSDAQ index stands at 1,032.85, down 0.11% (1.13 points) from the previous trading day. The index opened the session at 1,038.97, up 0.48% (4.99 points) from the previous day. Looking at investor trends, individuals alone purchased stocks worth 326.9 billion KRW, while foreigners and institutions sold stocks worth 222.6 billion KRW and 102.5 billion KRW respectively.

Among the top market capitalization stocks, Celltrion Healthcare (-0.25%), EcoPro BM (-3.87%), Pearl Abyss (-2.02%), L&F (-5.22%), and Celltrion Pharm (-0.16%) declined, while Kakao Games (2.75%) and Wemade (2.3%) rose.

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