KOSPI Battles Around 3000 Level... Foreigners and Individuals 'Buy' VS Institutions 'Sell'

The 2022 Securities and Derivatives Market Opening Ceremony was held on the 3rd at the Korea Exchange Seoul Office in Yeouido, Seoul. Lee Jae-myung, the Democratic Party presidential candidate, and Yoon Seok-youl, the People Power Party presidential candidate, who attended the event, are taking a commemorative photo. Photo by National Assembly Press Photographers Group

[Asia Economy Reporter Minji Lee] On the first trading day of the new year, the KOSPI is fiercely battling around the 3000-point mark in the afternoon session. Foreign investors and individuals are net buyers, while institutions are selling about 700 billion KRW worth of stocks alone.

As of 1:45 PM on the 3rd, the KOSPI stands at 2986.03, up 0.28% (8.38 points) compared to the previous trading day. The index opened the day at 2998.32, up 0.69% (20.67 points) from the previous day, and at one point showed gains exceeding 1%.

Looking at investment trends, foreign investors and individuals continue their net buying. Foreigners and individuals purchased stocks worth 235.7 billion KRW and 432.8 billion KRW respectively, while institutions sold stocks worth 680.9 billion KRW alone.

Among the top market capitalization stocks, Samsung Electronics (0.38%), Samsung Biologics (0.89%), Kakao (1.78%), Hyundai Motor (0.24%), LG Chem (0.98%), and Kia (0.36%) are showing gains, while SK Hynix (-1.53%), NAVER (-0.79%), and Samsung SDI (-1.07%) declined.

The KOSDAQ index, which had been declining, is now showing an upward trend again. The KOSDAQ stands at 1035.40, up 0.14% (1.43 points) from the previous trading day. The index opened at 1038.97, up 0.48% (4.99 points) from the previous day. Looking at investment trends, individuals alone bought stocks worth 397.9 billion KRW, while foreigners and institutions sold stocks worth 241.8 billion KRW and 140.4 billion KRW respectively.

Among the top market capitalization stocks, Ecopro BM (-4.09%), Pearl Abyss (-2.39%), L&F (-6.12%), Chunbo (-4.79%), and Seegene (-0.66%) declined, while Celltrion Healthcare (0.12%), Celltrion Pharm (0.16%), Kakao Games (2.53%), and Wemade (2.02%) rose.

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