Foreigners 'Saja' Boost Domestic Stock Market... KOSPI at 2350 Level

On the 8th, the KOSPI opened at 2352.49, up 18.22 points (0.78%) from the previous trading day, at the Hana Bank dealing room in Jung-gu, Seoul. The won-dollar exchange rate started at 1297.5 won, down 2.3 won from the previous trading day. Photo by Hyunmin Kim kimhyun81@

[Asia Economy Reporter Lee Jung-yoon] As foreign buying continues, the domestic stock market is maintaining its upward trend on the afternoon of the 8th.

As of 2:23 PM on the day, the KOSPI index recorded 2,356.14, up 21.87 points (0.94%) from the previous trading day. The index fluctuated around the 2,360 level before slightly narrowing its gains. Foreigners led the index rise with net purchases worth approximately 155.1 billion KRW, while individuals and institutions net sold about 58.1 billion KRW and 110 billion KRW, respectively.

Among the top market capitalization stocks, LG Energy Solution rose the most, up 3.88%. This was followed by LG Chem (3.82%), Kia (2.11%), Hyundai Motor (2.00%), SK Hynix (1.49%), Naver (1.43%), Samsung Electronics (1.20%), and Samsung Biologics (0.24%). Kakao (-1.10%) and Samsung SDI (-0.74%) were weak.

By sector, transportation equipment (2.23%), insurance (1.90%), non-metallic minerals (1.58%), paper & wood (1.55%), and electrical & electronics (1.26%) rose. Pharmaceuticals (-0.24%), food & beverage (-0.24%), and electric & gas (-0.16%) declined.

At the same time, the KOSDAQ index was recorded at 767.68, up 9.71 points (1.28%) from the previous trading day. Foreigners and institutions net bought about 11.1 billion KRW and 19.4 billion KRW, respectively, while individuals net sold about 25.2 billion KRW.

Among the top market capitalization stocks, HLB recorded a rise of over 10%. This was followed by L&F (3.46%), Seegene (2.89%), and EcoPro BM (2.58%) showing strong performance.

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