KOSPI Turns Up in the Afternoon on Net Buying by Institutions and Individuals
[Asia Economy Reporter Minji Lee] The KOSPI is showing an upward trend in the afternoon as institutions have switched to net buying.
At 1:46 PM on the 28th, the KOSPI stood at 2735.02, up 0.18% (5.04 points) compared to the previous trading day. The KOSPI opened the day at 2721.22, down 0.32% (8.76 points) from the previous day, and fell nearly 0.9% initially, but has since turned upward. At this time, individuals and institutions bought stocks worth 224.3 billion KRW and 10.1 billion KRW respectively, while foreigners sold stocks worth 231.6 billion KRW alone in the KOSPI market.
Looking at the top market capitalization stocks, LG Energy Solution (0.11%), SK Hynix (0.85%), Samsung Biologics (0.49%), and Hyundai Motor (0.57%) rose, while NAVER (-0.3%), LG Chem (-0.19%), and Samsung SDI (-0.74%) declined. Samsung Electronics, Kakao, Kia, and POSCO Holdings traded at the same prices as the previous day.
At the same time, the KOSDAQ index stood at 930.55, down 0.44% (4.14 points) from the previous trading day. The KOSDAQ index opened at 934.18, down 0.05% (0.51 points) from the previous day. Regarding investment trends, individuals alone bought stocks worth 241 billion KRW, while foreigners and institutions sold stocks worth 119.5 billion KRW and 91.3 billion KRW respectively.
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Among the top market capitalization stocks in KOSDAQ, except for Celltrion Healthcare (0.16%) and Cheonbo (0.47%), all showed a downward trend. EcoPro BM (-1.71%), L&F (-0.15%), Pearl Abyss (-3.99%), Kakao Games (-0.65%), Celltrion Pharm (-1.01%), Wemade (-2.53%), and CJ ENM (-1.52%) declined.
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