Despite Individual Net Selling, KOSPI and KOSDAQ Indices Maintain Uptrend

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[Asia Economy Reporter Minji Lee] While individuals are increasing their net selling volume in both markets, both the KOSPI and KOSDAQ indices are maintaining an upward trend in the morning session.

As of 10:29 AM on the 6th, the KOSPI is at 2411.99, up 0.35% (8.31 points) compared to the previous trading day. The KOSPI started the day at 2409.72, up 0.25% (6.04 points) from the previous day, and continues its upward momentum. Currently, only institutions are increasing their net buying volume in the stock market. Institutions purchased stocks worth 53.4 billion KRW, while foreigners and individuals sold stocks worth 46.8 billion KRW and 3.3 billion KRW, respectively.

The current exchange rate is moving around 1366 KRW, lower than the early session. The won-dollar exchange rate started at 1369.0 KRW, down 2.4 KRW from the previous day. It is analyzed that the People's Bank of China's decision to cut the foreign exchange reserve requirement ratio by 200 basis points to defend against yuan depreciation influenced the exchange rate decline.

By sector, textiles and apparel (4.14%), chemicals (1.58%), steel and metals (1.2%), and machinery (0.72%) rose. In the textiles and apparel sector, undervaluation appeal stood out, with individual stocks such as Jeil Silup (7.6%), F&F (6.6%), and INDIEF (2.1%) continuing their strong performance.

Among the top market capitalization stocks, Samsung Electronics rose 0.7% from the previous day to 57,500 KRW. SK Hynix (0.77%), Samsung Biologics (0.61%), LG Chem (0.32%), NAVER (0.21%), and Kakao (0.43%) also rose, while LG Energy Solution (-0.93%), Hyundai Motor (-0.93%), Samsung SDI (0.18%), and Kia (-0.12%) declined.

At the same time, the KOSDAQ index is at 778.43, up 0.91% (7 points) from the previous trading day. The KOSDAQ started at 774.23, up 0.36% (2.80 points) from the previous day, and even rose more than 1% at one point. Currently, foreigners and institutions bought stocks worth 6 billion KRW and 46.6 billion KRW, respectively, while individuals sold stocks worth 53.8 billion KRW.

Among the top market capitalization stocks, Celltrion Healthcare (0.43%), EcoPro BM (1.94%), L&F (0.61%), HLB (0.43%), Kakao Games (1.4%), EcoPro (0.91%), and Alteogen (0.17%) rose, while Studio Dragon (-1.88%) declined.

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