'Sideways Shift' KOSPI · 'Slowing Gains' KOSDAQ... Foreigners Net Buy Over 100 Billion Won

[Image source=Yonhap News]

[Asia Economy Reporter Myunghwan Lee] On the morning of the 18th, the KOSPI index turned to a flat trend in the market. Foreign investors have been net buyers for the first time in a while, purchasing over 100 billion KRW in the KOSPI market. The KOSDAQ index is also recording a lower rate of increase compared to right after the opening.

As of 10:50 AM, the KOSPI stands at 2,621.21, up 0.03% (0.77 points) from the previous trading day. The KOSPI opened at 2,634.75, up 0.55% (14.31 points) from the previous day, and rose nearly 1%, but the upward momentum sharply slowed and shifted to a flat trend. By investor type, foreigners are showing buying sentiment for the first time in a while, purchasing 100.9 billion KRW worth, while individuals are also net buyers with 40.8 billion KRW. Conversely, institutions sold off 152.1 billion KRW.

Among the top 10 stocks by market capitalization, many are on the rise. Samsung Electronics is trading at 67,700 KRW, up 0.15% (100 KRW) from the previous day. ▲SK Hynix (0.44%) ▲Samsung Biologics (2.09%) ▲Samsung Electronics Preferred (1.17%) ▲Naver (0.73%) ▲Samsung SDI (0.68%) ▲LG Chem (1.98%) are also rising. LG Energy Solution (-0.24%) and Kakao (-0.36%) are declining. Hyundai Motor is trading at the same price as the previous day, 185,500 KRW.

By sector, the textile and apparel sector (2.69%) shows a notable rise. Machinery (-1.87%), electric and gas utilities (-1.36%), and construction (-1.34%) are declining.

At the same time, the KOSDAQ index stands at 869.15, up 0.37% (3.17 points) from the previous day. The KOSDAQ opened at 872.19, up 0.72% (6.21 points) from the previous day, but the rate of increase has somewhat decreased. By investor type, individuals are the sole net buyers with 124.3 billion KRW, while foreigners and institutions sold 66.7 billion KRW and 52.2 billion KRW respectively.

Looking at the top market capitalization stocks, HLB is trading at 51,500 KRW, up 12.69% (5,800 KRW) from the previous day. ▲EcoPro BM (1.87%) ▲L&F (3.78%) ▲Kakao Games (1.06%) are also on the rise. Conversely, ▲Celltrion Healthcare (-0.18%) ▲Pearl Abyss (-1.68%) ▲Celltrion Pharm (-1.16%) are declining.

By sector, transportation equipment and parts (4.74%), other manufacturing (2.53%), and telecommunications services (1.74%) are rising, while construction (-1.25%) and textile and apparel (-0.89%) are declining.

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