KOSPI Extends Gains... Foreigners and Institutions Switch to Net Buying Positions

[Image source=Yonhap News]

[Asia Economy Reporter Kwon Jae-hee] The KOSPI index expanded its gains in the afternoon session. This was due to foreigners and institutions, who had taken a cautious stance during the morning session, switching to a buying position in the afternoon.

As of 1:33 PM on the 31st, the KOSPI index stood at 2293.89, up 1.12% compared to the previous trading day. The KOSPI opened the day at 2293.75, up 1.12% (25.35 points).

By investor type, individuals net sold stocks worth 111.2 billion KRW, appearing to realize profits. In contrast, foreigners and institutions net bought stocks worth 91.3 billion KRW and 19.9 billion KRW respectively, absorbing the supply from individuals.

Among the top 10 stocks by market capitalization, semiconductor stocks stood out with strength, including Samsung Electronics (4.19%), SK Hynix (0.12%), and Samsung Electronics Preferred (3.11%). Additionally, secondary battery-related stocks such as LG Energy Solution (0.19%) and Samsung SDI (1.38%) also recorded gains. NAVER rose 5.94%, marking a rise above 5% after a while. Samsung Biologics and Hyundai Motor remained flat.

At the same time, the KOSDAQ index was at 695.06, up 1.08%. The KOSDAQ opened at 694.69, up 1.03% (7.06 points).

On the KOSDAQ, individuals net bought stocks worth 26.2 billion KRW, while foreigners and institutions net sold stocks worth 19.2 billion KRW and 1.3 billion KRW respectively.

Among the top market cap stocks, all except L&F (-0.49%) and HLB (-0.63%) were on the rise. These include EcoPro BM (0.61%), Celltrion Healthcare (2.52%), EcoPro (0.43%), Kakao Games (2.45%), Pearl Abyss (1.72%), Celltrion Pharm (1.66%), Chunbo (0.23%), and Rino Industrial (2.16%).

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