Individual 'Saja' Leads Early Rise in KOSPI... KOSDAQ at 790 Level

[Asia Economy Reporter Lee Jung-yoon] The domestic stock market showed an upward trend in the early trading session on the 2nd.

As of 9:10 a.m. that day, the KOSPI index was recorded at 2,426.55, up 10.94 points (0.45%) from the previous trading day. The index opened at 2,427.70, up 12.09 points (0.50%). Individuals led the index rise by purchasing stocks worth approximately 29.9 billion KRW, while foreigners and institutions sold stocks worth about 12.5 billion KRW and 19.5 billion KRW, respectively.

The KOSDAQ index also showed an upward trend. At the same time, the KOSDAQ index was at 794.72, up 6.40 points (0.81%). The index closed at 788.32 the previous day but started trading at 793.11, up 4.79 points (0.61%) that day. Individuals and institutions net bought approximately 25.4 billion KRW and 2.1 billion KRW, respectively, while foreigners net sold about 24.5 billion KRW.

The U.S. stock market closed mixed. On the 1st (local time), the Dow Jones Industrial Average rose 145.99 points (0.46%) to close at 31,656.42, and the large-cap S&P 500 index increased 11.85 points (0.30%) to close at 3,966.85. On the other hand, the tech-heavy Nasdaq index fell 31.08 points (0.26%) to 11,785.13. The Nasdaq index initially dropped more than 2% in early trading but later saw a rebound buying that reduced the decline, which is analyzed to have a positive impact on the domestic stock market.

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