Institutions 'Saja' Boost KOSPI's Gains... KOSDAQ Also on the Rise

[Image source=Yonhap News]

[Asia Economy Reporter Lee Jung-yoon] On the morning of the 13th, the KOSPI is expanding its gains.

As of 9:46 a.m. that day, the KOSPI index recorded 2,582.23, up 32.15 points (1.26%) from the previous day. The KOSPI index opened at 2,570.01, up 19.93 points (0.78%) from the previous day, and then expanded its gains. Institutions led the index rise by net buying about 153.2 billion KRW. On the other hand, individuals and foreigners net sold about 105 billion KRW and 42.5 billion KRW, respectively.

Among the top market capitalization stocks, most showed an upward trend. LG Chem rose 3.40%, showing the largest gain. This was followed by Samsung SDI (2.84%), Hyundai Motor (2.49%), SK Hynix (2.29%), LG Energy Solution (2.19%), Samsung Electronics (1.54%), Naver (0.74%), and Kakao (0.37%). Samsung Biologics and Kia were flat.

By sector, all sectors except Paper & Wood (-0.69%) and Pharmaceuticals (-0.50%) showed gains. The strongest sectors were Electric & Electronics (1.86%), Chemicals (1.81%), Machinery (1.65%), Manufacturing (1.46%), and Transportation Equipment (1.45%).

At the same time, the KOSDAQ index recorded 847.56, up 13.90 points (1.67%) from the previous day. Institutions net bought about 45.1 billion KRW, while individuals and foreigners net sold about 37.5 billion KRW and 6.6 billion KRW, respectively.

Among the top market capitalization stocks, HLB rose 8.88%. L&F (3.46%) and Rino Industrial (2.38%) also showed strength. On the other hand, Celltrion Pharm and Celltrion Healthcare fell 5.58% and 4.01%, respectively, and EcoPro BM also dropped 0.36%.

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%).

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