Early Session Domestic Stock Market Uptrend... KOSPI at 2570 Level

[Asia Economy Reporter Lee Jung-yoon] On the morning of the 13th, the domestic stock market showed an upward trend in the early session.

The KOSPI index recorded 2,573.00 points at 9:20 a.m., up 22.92 points (0.90%) from the previous day. The KOSPI index opened at 2,570.01 points, up 19.93 points (0.78%) from the previous day. Individuals and institutions net bought stocks worth approximately 4.5 billion KRW and 55.8 billion KRW, respectively, while foreigners sold about 59.7 billion KRW.

The KOSDAQ index showed a larger increase. At the same time, the KOSDAQ index recorded 843.31 points, up 9.65 points (1.16%) from the previous day. Like the KOSPI, individuals and institutions showed buying momentum, purchasing about 8.7 billion KRW and 17 billion KRW, respectively. On the other hand, foreigners net sold stocks worth approximately 24.3 billion KRW.

The domestic stock market's upward trend appears to be influenced by the U.S. stock market on the 12th (local time), which narrowed losses and showed mixed trends due to rebound buying in the late session. The Dow Jones Industrial Average closed at 31,730.30, down 103.81 points (0.33%) from the previous session, the S&P 500 closed at 3,930.08, down 5.10 points (0.13%), and the tech-heavy Nasdaq index closed at 11,370.96, up 6.73 points (0.06%).

Lee Kyung-min, a researcher at Daishin Securities, explained, "The domestic stock market seems to be attempting a rebound influenced by the U.S. stock market reducing its losses in the late session."

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