Domestic Stock Market Continues 1% Rise... KOSPI Nears 2970, KOSDAQ Approaches 990

[Image source=Yonhap News]

[Asia Economy Reporter Park Jihwan] On the 12th, the domestic stock market continued its rise of over 1% into the afternoon. The KOSPI approached the 2970 level with simultaneous buying by foreigners and institutions. The KOSDAQ also showed nearly a 2% increase, approaching a recovery to the 990 level.

As of 2:06 PM on the same day, the KOSPI stood at 2968.32, up 1.42% (41.54 points) compared to the previous day. The index started the session at 2950.78, up 0.80% (23.40 points) from the previous trading day, maintaining a strong upward trend.

By investor type, foreigners and institutions net purchased 393.7 billion KRW and 473.4 billion KRW respectively. In contrast, individuals net sold 870.7 billion KRW.

Among the top 10 KOSPI market capitalization stocks, Samsung Electronics (0.13%), NAVER (3.13%), Kakao (2.42%), Samsung SDI (3.67%), and Samsung Biologics (2.28%) rose. SK Hynix remained flat.

At the same time, the KOSDAQ stood at 989.06, up 1.97% (19.14 points) compared to the previous day.

By investor type, institutions net purchased 82.4 billion KRW. Meanwhile, individuals and foreigners net sold 58.4 billion KRW and 17.7 billion KRW respectively.

All of the top 10 KOSDAQ market capitalization stocks rose. L&F (7.29%), Wemade (6.08%), EcoPro BM (4.08%), Kakao Games (2.89%), and Pearl Abyss (2.84%) increased.

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