KOSPI Wavers... Continues Fluctuating Around 2480 Level

[Image source=Yonhap News]

[Asia Economy Reporter Minji Lee] Despite strong net buying by foreigners, the KOSPI is fluctuating around the 2480 level.

As of 1:53 AM on the 14th, the KOSPI stood at 2485.26, up 0.08% (2.10 points) from the previous trading day. The index opened at 2485.18, up 0.08% (2.02 points) from the previous day, and has been wavering between gains and losses throughout the session.

Lee Kyung-min, a researcher at Daishin Securities, said, "The won-dollar exchange rate's sharp decline last week was perceived as excessive, and the dollar index has gradually risen during the session, pushing the exchange rate up to the mid-1320 won range. This suggests that the KOSPI's rebound magnitude and momentum are limited, indicating that even if there are further attempts at a rebound, it will likely be a rotation market."

Foreigners' net buying was effective, with foreigners purchasing stocks worth 179.7 billion won alone, while individuals and institutions sold stocks worth 53 billion won and 128.1 billion won, respectively.

Among the top market capitalization stocks, Samsung Electronics (-1.59%), LG Energy Solution (-2.56%), SK Hynix (-2.25%), LG Chem (-0.27%), and NAVER (-1.81%) declined, while Samsung Biologics (0.44%), Samsung SDI (3.08%), Hyundai Motor (3.2%), and Kia (3.5%) rose. The semiconductor leaders showed a downward trend, seemingly due to short-term profit-taking sentiment.

At the same time, the KOSDAQ index stood at 733.39, up 0.3% (2.17 points) from the previous trading day. The index opened at 732.29, up 0.15% (1.07 points), fluctuated between gains and losses, and then continued its upward trend in the afternoon.

Regarding investor trends, individuals alone purchased stocks worth 167.7 billion won, while foreigners and institutions sold stocks worth 34.7 billion won and 117.5 billion won, respectively.

Among the top market capitalization stocks, Ecopro BM (5.24%), HLB (1.29%), Ecopro (2.1%), Pearl Abyss (0.6%), and Chunbo (4.5%) rose, while Celltrion Healthcare (-4.7%), L&F (-0.95%), Kakao Games (-3.62%), Celltrion Pharm (_1.26%), and Rino Industries (-0.95%) declined.

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