KOSPI Rises 0.9% on Foreign Buying Momentum... Surpasses 2450 Level

[Image source=Yonhap News]

[Asia Economy Reporter Lee Jung-yoon] On the afternoon of the 30th, as foreign buying continued, the KOSPI index expanded its gains.

As of 2:04 PM that day, the KOSPI index recorded 2,455.20, up 21.81 points (0.90%) from the previous day. Although individuals, who had been net buyers, turned to net sellers, the upward trend continued as foreigners bought. Foreigners were net buyers worth approximately 256 billion KRW, while individuals and institutions were net sellers worth about 209.7 billion KRW and 34.3 billion KRW, respectively.

Among the top market capitalization stocks, most showed gains. LG Chem rose more than 3%, showing the largest increase. This was followed by POSCO Holdings (1.53%), SK Hynix (1.31%), Samsung Electronics (1.16%), and Naver (1.10%) in order of strength.

By industry, the electricity and gas sector (2.52%), insurance (1.92%), securities (1.47%), finance (1.41%), and construction (1.38%) rose. Machinery (-1.93%), non-metallic minerals (-0.97%), and paper & wood (-0.02%) were weak.

At the same time, the KOSDAQ index was recorded at 727.60, up 0.06 points (0.01%) from the previous trading day. Individuals were net buyers of about 84.7 billion KRW, while foreigners and institutions sold about 64.6 billion KRW and 11.2 billion KRW, respectively.

Among the top market capitalization stocks, EcoPro rose more than 2%, showing the largest gain. This was followed by EcoPro BM (0.90%) and Celltrion Pharm (0.45%). On the other hand, Pearl Abyss (-1.48%) and Chunbo (-0.79%) declined.

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