KOSPI and KOSDAQ Recover Previous Day's Losses with Rebound Buying... Inflow of Net Purchases by Institutions

[Image source=Yonhap News]

[Asia Economy Reporter Lee Seon-ae] On the 25th, the KOSPI and KOSDAQ indices, which started higher, have maintained their gains into the afternoon. The inflow of institutional buying is attracting attention.

As of 1:30 PM, the KOSPI is trading at 26,781.24, up 1.22%. Individuals and foreigners are net selling about 35 billion KRW and 97.8 billion KRW respectively. On the other hand, institutions are buying about 119.3 billion KRW.

Among the top market capitalization stocks, Kakao (5.22%), Samsung SDI (3.68%), and NAVER (3.80%) are on the rise. Meanwhile, KB Financial Group and POSCO are down by -4.10% and -0.90% respectively. The strong sectors are machinery (+3.45%), textiles and apparel (+3.01%), and services (+2.79%), while the weak sectors are electric and gas utilities (-2.24%), transportation and warehousing (-1.12%), and food and beverage (-0.79%).

At the same time, the KOSDAQ index is trading at 870.51, up 2.63%. While individuals are net selling 277.9 billion KRW, foreigners and institutions are net buying 249.1 billion KRW and 34.3 million KRW respectively.

Seo Sang-young, a researcher at Mirae Asset Securities, said, "The Ukraine issue ended faster than expected, and the fact that Western countries' export sanctions are weak without U.S. troop deployment acted as a positive factor for the stock market," adding, "The domestic stock market will see a rebound buying trend centered on large-cap stocks, especially those that had large declines among major tech stocks."

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