Institutions' Solo Net Buying... KOSPI Battles Around 2750 Level

[Image source=Yonhap News]

[Asia Economy Reporter Minji Lee] The KOSPI continues to maintain an upward trend in the afternoon, driven by institutional net buying.

At 1:36 PM on the 30th, the KOSPI stood at 2746.72, up 0.24% (6.52 points) from the previous trading day. The stock market opened with the KOSPI rising 0.63% (17.24 points) to 2758.31 compared to the previous day, but the increase narrowed significantly as foreign investors turned to net selling. Currently, institutions alone are increasing their net buying volume. Institutions purchased stocks worth 223.4 billion KRW, while foreigners and individuals sold stocks worth 31.6 billion KRW and 177.1 billion KRW, respectively.

Among the top market capitalization stocks, Samsung Electronics (-0.43%) and LG Energy Solution (-0.23%) declined, while SK Hynix (1.67%), NAVER (1.5%), Samsung Biologics (1.81%), Kakao (0.95%), Hyundai Motor (2.83%), and Samsung SDI (3.51%) rose.

At the same time, the KOSDAQ index was at 939.22, up 0.15% (1.39 points) from the previous trading day. The index opened at 942.08, up 0.45% (4.25 points) from the previous day, and is maintaining its upward trend. Looking at investor trends, individuals are the sole net buyers with purchases worth 70.6 billion KRW. Foreigners and institutions sold stocks worth 26.4 billion KRW and 25.9 billion KRW, respectively.

Among the top market capitalization stocks, Celltrion Healthcare (1.07%), EcoPro BM (1.41%), L&F (0.29%), Pearl Abyss (1.09%), and Celltrion Pharm (1.22%) rose, while Kakao Games (-1.37%), Wemade (-0.2%), Chunbo (-0.33%), and HLB (-0.17%) declined.

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