KOSPI and KOSDAQ Mixed Trends... Increasing Intraday Supply-Demand Noise

[Image source=Yonhap News]

[Asia Economy Reporter Kwon Jae-hee] The two major indices, KOSPI and KOSDAQ, attempted a rebound on the 23rd and started higher, but continued a mixed trend with fluctuations in the early session. In particular, the KOSDAQ index recorded a decline of over 1% at one point during the session. It is analyzed that intraday supply and demand noise increased due to pre-market call auction and forced liquidation of margin credit sales.

As of 9:34 a.m. on the 23rd, the KOSPI index stood at 2,324.22, down 0.79% (18.59 points) from the previous trading day. The index opened the day at 2,347.84, up 0.21% (5.03 points).

Among the top 10 stocks by market capitalization, Hyundai Motor remained flat, while Samsung Biologics (0.12%), NAVER (0.22%), Samsung SDI (0.19%), and Kia (0.65%) recorded gains. On the other hand, Samsung Electronics (-0.52%), LG Energy Solution (-1.75%), SK Hynix (-0.87%), Samsung Electronics Preferred (-1.51%), and LG Chem (-1.08%) were down.

By sector, telecommunications (1.38%), machinery (0.81%), and medical precision (0.31%) showed gains, while paper and wood products (-2.85%), transportation and warehousing (-2.34%), construction (-2.23%), steel and metals (-2.22%), electric and gas utilities (-1.36%), and non-metallic minerals (-1.34%) declined.

At the same time, the KOSDAQ index was trading at 730.85, down 2.16% (16.11 points) from the previous trading day. The KOSDAQ index opened at 747.49, up 0.07% (0.53 points), but then turned downward early in the session and widened its losses.

Among the top 10 KOSDAQ stocks by market capitalization, most were down, while the bio sector showed strength. Celltrion Healthcare (0.66%) and Alteogen (3.71%) recorded gains, whereas EcoPro BM (-2.99%), L&F (-4.27%), Kakao Games (-8.28%), Pearl Abyss (-1.35%), and Cheonbo (-1.39%) were down.

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