Institutional Investors Net Buy of 300 Billion KRW Drives KOSPI and KOSDAQ Higher... Samsung Electronics Nears 68,000 KRW

[Image source=Yonhap News]

[Asia Economy Reporter Myunghwan Lee] On the afternoon of the 17th, both the KOSPI and KOSDAQ indices are rising together in the market. Institutions are driving the index up by net buying more than 300 billion KRW combined in the two major markets. In the KOSPI market, Samsung Electronics is rising more than 2%, approaching 68,000 KRW.

As of 1:55 PM, the KOSPI is at 2,617.19, up 0.79% (20.61 points) from the previous trading day. The KOSPI started at 2,603.58, up 0.27% (7.00 points) from the previous day, and is gradually increasing its gains. By investor type, individuals and institutions sold 206.7 billion KRW and 65.2 billion KRW respectively, while institutions alone net bought 272.6 billion KRW.

Among the top 10 KOSPI market capitalization stocks, most are rising. Samsung Electronics, the largest market cap stock, is trading at 67,800 KRW, up 2.26% (1,500 KRW) from the previous day, nearing a return to 68,000 KRW. Others rising include ▲LG Energy Solution (0.75%) ▲SK Hynix (1.81%) ▲Samsung Electronics Preferred (1.87%) ▲Naver (0.73%) ▲Samsung SDI (0.51%) ▲Hyundai Motor (0.82%) ▲Kakao (0.97%). Samsung Biologics is the only decliner, down 0.39%. LG Chem is trading unchanged at 507,000 KRW.

By sector, banks (2.39%), medical precision (2.35%), and electrical & electronics (1.67%) show notable gains. Reopening sectors such as food & beverage (-1.72%) and textiles & apparel (-0.93%) are declining.

At the same time, the KOSDAQ index is at 863.69, up 0.87% (7.44 points) from the previous day. The KOSDAQ started at 857.28, up 0.12% (1.03 points) from the previous day, showing a flat trend before solidifying its rise. By investor type, individuals and institutions are net sellers of 17.4 billion KRW and 22.6 billion KRW respectively, while institutions are the only net buyers with 45.3 billion KRW.

Among the top 10 KOSDAQ market capitalization stocks, all but one are rising. Cheonbo is trading at 269,300 KRW, up 5.57% (14,200 KRW) from the previous day. Others rising include ▲EcoPro BM (3.58%) ▲Celltrion Healthcare (2.41%) ▲L&F (2.46%) ▲HLB (2.60%) ▲Kakao Games (2.36%) ▲Pearl Abyss (3.65%) ▲Celltrion Pharm (2.66%). CJ ENM is the only decliner, down 0.47%.

By sector in KOSDAQ, chemicals (2.05%), general electrical & electronics (1.99%), and digital content (1.87%) are strong, while similar to the KOSPI market, reopening sectors such as food & tobacco (-2.68%) and textiles & apparel (-2.58%) are declining.

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