Foreigners 'Saja' Lead Early KOSPI Rise... Above 2450 Level
[Asia Economy Reporter Lee Jung-yoon] The KOSPI index is rising in the early session due to foreign investors' buying dominance.
As of 9:09 a.m. on the 18th, the KOSPI index was recorded at 2,452.08, up 9.18 points (0.38%) from the previous trading day. The index started trading at 2,448.13, up 5.23 points (0.21%) for the day. Foreigners purchased about 35.5 billion KRW worth of stocks, while individuals and institutions sold about 2 billion KRW and 34.5 billion KRW respectively.
Among the top market capitalization stocks, SK Hynix rose the most, up 2.74%. It was followed by Hyundai Motor (1.47%), Samsung SDI (1.00%), Kia (0.90%), and LG Chem (0.86%). On the other hand, Kakao was weak, down 0.85%.
At the same time, the KOSDAQ index is also on the rise. It recorded 740.58, up 3.04 points (0.41%) from the previous day. The index started at 738.34, up 0.80 points (0.11%), and is increasing its gains. Individuals and institutions bought about 25.1 billion KRW and 1.2 billion KRW respectively, while foreigners sold about 27.6 billion KRW.
Among the top market capitalization stocks, HLB (1.64%), Kakao Games (1.24%), and EcoPro (1.03%) showed strength.
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