KOSPI Rises on Net Buying Inflows from Foreign and Individual Investors

[Asia Economy Reporter Jang Hyowon] The KOSPI index is showing strength after the market opened.

As of 9:32 a.m. on the 16th, the KOSPI index is trading at 2393.22, up 0.33% compared to the previous day.

On this day, the KOSPI index started up 0.17% from the previous day. The strong close of the U.S. New York stock market on the 13th, driven by major banks' strong fourth-quarter results last year and rising real economy indicators, had a positive impact on the KOSPI as well.

[Image source=Yonhap News]

Looking at the trends by investor type, institutions sold a net 54.2 billion KRW, while foreigners and individuals bought net 25.7 billion KRW and 36.2 billion KRW respectively. In the futures market, foreigners led the rise with net purchases of 149.6 billion KRW. In program trading, arbitrage trading saw net buying of 4.6 billion KRW, and non-arbitrage trading had net buying of 1.4 billion KRW.

By sector, the financial industry is showing a 1.43% rise, followed by services at 1.07%, telecommunications at 1.02%, chemicals at 0.72%, food and beverages at 0.66%, non-metallic minerals at 0.5%, and electrical and electronics at 0.52%. On the other hand, machinery is down 1.68%, transportation equipment -1.03%, and construction -0.56%, showing weakness.

Top market capitalization stocks are mixed in performance. Samsung Electronics and LG Energy Solution are up 0.66% and 0.31% respectively. Samsung Biologics, LG Chem, and NAVER are also showing strength. Meanwhile, SK Hynix remains near flat, and Samsung SDI and Hyundai Motor are down 0.32% and 1.18% respectively.

The KOSDAQ index is also maintaining its strength. At the same time, the KOSDAQ index is trading at 717.75, up 0.83% from the previous day. Institutions and foreigners are driving the rise with net purchases of 14 billion KRW and 17.5 billion KRW respectively, while individuals are showing net selling of 18.7 billion KRW.

Most of the top market capitalization stocks are on the rise. EcoPro BM is up 0.8%, and LN F, Kakao Games, HLB, EcoPro, Pearl Abyss, Celltrion Pharm, L&F, and Studio Dragon are showing upward trends. Celltrion Healthcare remains near flat.

Meanwhile, at the same time, the won/dollar exchange rate is trading at 1234.8 KRW, down 0.5% from the previous day.

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