KOSPI, Fluctuating Amid Back-and-Forth... Down 0.01% View original image

[Asia Economy Reporter Kwon Jae-hee] On the 4th, the KOSPI index, which started with a slight decline, is fluctuating and engaged in a tug of war in the early session.


As of 9:28 a.m. that day, the KOSPI index was trading at 2,328.87, down 0.01% (0.30 points) from the previous trading day. The index opened the session at 2,325.85, down 0.14% (3.32 points) from the previous trading day, then turned upward in the early session before falling again.


By investor type, individuals were the sole net buyers with 78.7 billion KRW worth of purchases, while foreigners and institutions were net sellers of 7.8 billion KRW and 67.1 billion KRW worth of stocks, respectively.


Seo Sang-young, Head of Media Content at Mirae Asset Securities, analyzed, "The Bank of England’s mention of a recession triggered a stronger dollar, leading to selling pressure mainly on tech stocks in the U.S. market, which will also weigh on our stock market. However, most sectors except for some tech stocks showed strength, and the positive sentiment toward the U.S. employment report to be released today is also encouraging."


The top 10 stocks by market capitalization are also mixed. LG Energy Solution (1.36%), SK Hynix (0.12%), Hyundai Motor (0.31%), NAVER (1.78%), and Kia (0.31%) are recording gains, while Samsung Electronics (-1.01%), Samsung SDI (-1.08%), LG Chem (-0.44%), and Samsung Electronics Preferred (-0.38%) are declining.


At the same time, the KOSDAQ index is down 0.47% (3.27 points) at 690.86. The index opened the session at 691.69, down 0.35% (2.44 points) from the previous trading day.


Looking at investor trends, individuals are again the sole net buyers with 136.7 billion KRW worth of purchases. Meanwhile, foreigners and institutions sold 76.3 billion KRW and 44.8 billion KRW worth of stocks, respectively.


Among the top 10 stocks by market capitalization, EcoPro BM (0.18%), L&F (0.18%), HLB (0.40%), EcoPro (0.29%), Pearl Abyss (0.93%), and Chunbo (3.80%) are posting gains, while Celltrion Healthcare (-0.89%), Kakao Games (-0.13%), Celltrion Pharm (-1.06%), and Rino Industries (-2.70%) are recording losses.





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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing