Stock Market Shows Mixed Trends Despite Weak Dollar
On the 11th, dealers were working in the dealing room of Hana Bank in Euljiro, Seoul. On that day, the KOSPI index started at 2193.02, down 39.82 points (1.78%) from the previous trading day. The won-dollar exchange rate opened at 1428.0, up 15.6 won. Photo by Moon Honam munonam@
View original image[Asia Economy Reporter Hwang Junho] On the morning of the 12th, the stock market is showing mixed trends.
As of 10:38 AM, the KOSPI is at 2,187.02, down 5.05 points (0.23%) from the previous day. Individual and foreign investors are showing net buying intentions of 16.2 billion KRW and 96.4 billion KRW respectively, supporting the index. Meanwhile, institutions are showing net selling intentions of 120.4 billion KRW. The KOSPI 200 is up 0.10% from the previous session, standing at 285.24.
The number of rising stocks has increased compared to the early session. Currently, there are a total of 269 rising stocks. Notably, large-cap stocks are performing well. Samsung Electronics is up 0.54% from the previous session, trading at 55,700 KRW. SK Hynix (2.44%), Samsung Biologics (1.87%), and Kia (0.59%) are also recording gains. On the other hand, LG Energy Solution, which had been rising since the previous day and into this morning, is down 3.82% at 478,500 KRW. LG Chem (2.35%), Samsung SDI (1.83%), and Hyundai Motor (0.30%) are also showing declines.
Following the gains in Samsung Electronics and SK Hynix, the electronics and electrical sectors, which showed strength early in the session, are gradually reducing their upward momentum. Conversely, the pharmaceuticals (1.32%), telecommunications (1.09%), and textiles & apparel (1.02%) sectors are seeing increased gains. Within the pharmaceuticals sector, Boryung (6.43%), SK Bioscience (3.63%), and Samsung Biologics (2.24%) stand out with notable rises.
The KOSDAQ is showing mixed trends today. As of now, it is down 0.29% from the previous day, at 667.55. Following individuals (69.7 billion KRW), institutions (2.2 billion KRW) are also showing net buying intentions, causing the index to fluctuate. Foreign investors are net selling at 71.4 billion KRW.
Among the top market cap stocks, Ecopro, which showed strength from early in the session, is trading up 2.05% at 42,450 KRW. HLB (2.29%) and JYP ENT. (1.88%) are also on the rise.
As of now, the KRW-USD exchange rate is down 0.32% from the previous session, at 1,430.60 KRW.
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