KOSPI Mixed in Early Trading... Samsung Electronics and SK Hynix Rise
The KOSPI is showing mixed trends in the early session. As of 9:16 a.m. on the 30th, the KOSPI stood at 2444.56, up 0.03% (0.64 points) from the previous trading day. The index opened at 2452.97, up 0.37% (9.05 points) from the previous day, but has been fluctuating since then. Looking at investor trends, individual investors bought stocks worth 204.3 billion KRW alone, while foreigners and institutions sold stocks worth 49.6 billion KRW and 144 billion KRW, respectively.
Among the top market capitalization stocks, semiconductor companies are showing strength. Samsung Electronics traded at 63,200 KRW, up 0.8% from the previous day, and SK Hynix rose 3.22% to 89,700 KRW. Han Ji-young, a researcher at Kiwoom Securities, explained, “The strong performance of semiconductor stocks is likely to continue, influenced by Micron’s over 7% surge in the U.S. stock market due to expectations of improved memory supply and demand conditions and confirmation of earnings bottom.”
Other top market cap stocks showed declines: Samsung Biologics (-0.76%), Samsung SDI (-1.09%), LG Chem (-0.85%), Hyundai Motor (-0.67%), and Kia (-1.01%) all fell.
At the same time, the KOSDAQ index stood at 846.19, up 0.27% (2.25 points) from the previous day. The KOSDAQ opened at 850.78, up 0.81% (6.84 points) from the previous day, but has not been able to rise further. Regarding investor trends, individual investors bought stocks worth 193.3 billion KRW alone, while foreigners and institutions sold stocks worth 138.3 billion KRW and 49.9 billion KRW, respectively.
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Among the top market capitalization stocks in the KOSDAQ market, Ecopro BM (-0.64%), Celltrion Pharm (-0.85%), and Pearl Abyss (-0.96%) declined, while Ecopro (1.10%), L&F (3.12%), Celltrion Healthcare (0.17%), HLB (0.3%), Kakao Games (0.49%), Osstem Implant (0.05%), and JYP Ent. (0.78%) rose.
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