Foreign and Institutional Buying Drives KOSPI Up Over 1%... Above 2450 Level

[Asia Economy Reporter Lee Jung-yoon] The KOSPI is showing a strong gain of over 1% as foreigners and institutions are buying.

As of 1:49 PM on the 26th, the KOSPI index recorded 2,456.73, up 28.16 points (1.16%) from the previous trading day. Foreigners and institutions bought approximately 494.8 billion KRW and 55 billion KRW respectively, while individuals sold about 544.7 billion KRW worth.

[Image source=Yonhap News]

By stock, LG Energy Solution rose more than 7%, marking the largest increase. It was followed by Hyundai Motor (3.92%), LG Chem (3.68%), Kia (3.38%), and Samsung SDI (2.93%). On the other hand, Samsung Biologics fell 0.88%, and Naver (NAVER) dropped 0.25%.

By sector, non-metallic minerals (7.62%), transportation equipment (2.29%), steel & metals (2.23%), and electrical & electronics (1.83%) showed strong gains. Meanwhile, textiles & apparel (-1.41%), insurance (-0.65%), medical precision (-0.47%), and pharmaceuticals (-0.35%) declined.

The KOSDAQ index also rose accordingly. At the same time, the KOSDAQ index recorded 738.56, up 6.21 points (0.85%) from the previous day. Foreigners and institutions bought about 56.1 billion KRW and 27.1 billion KRW respectively, while individuals net sold about 69.3 billion KRW.

By sector, L&F rose 6.79%, followed by EcoPro (6.05%), EcoPro BM (3.54%), and Pearl Abyss (1.76%). HLB (-0.32%), Celltrion Pharm (-0.30%), and Kakao Games (-0.21%) declined.

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