KOSPI Rises Again Today... Maintains 2500 Level

Foreigners and Institutions Sell, Individuals Buy to 'Defend the Index'
Secondary Battery EcoPro Maintains 'Strength'

The domestic stock market continues its upward trend, starting higher above the 2500 mark. Although foreigners and institutions showed selling pressure in both KOSPI and KOSDAQ, individual investors bought shares, supporting the index.

As of 9:17 a.m. on the 11th, the KOSPI index stood at 2523.32, up 11.24 points (0.45%) from the previous day. Individuals were net buyers of 109.1 billion KRW, while foreigners and institutions were net sellers of 8.7 billion KRW and 98.8 billion KRW, respectively.

[Image source=Yonhap News]

By sector, steel & metals, machinery, chemicals, and textiles & apparel rose by over 1%. Pharmaceuticals, non-metallic minerals, electrical & electronics, transportation equipment, wholesale & retail trade, electricity & gas, construction, transportation & warehousing, finance, services, and manufacturing remained in a narrow positive range. Medical precision equipment declined by over 1%. Food & beverages, paper & wood, and telecommunications were slightly down.

Among the top market capitalization stocks, semiconductor leaders Samsung Electronics and SK Hynix stood out, marking their third consecutive day of gains. LG Chem rose over 5%, LG Energy Solution and Samsung SDI gained over 2%, and POSCO Holdings, Kia, and POSCO Future M increased by over 1%. Samsung Biologics, Hyundai Motor, and NAVER remained in a narrow positive range. Kakao, Celltrion, and Hyundai Mobis showed slight declines.

The KOSDAQ index rose 2.17 points (0.24%) to 889.95 compared to the previous day. Individuals were net buyers of 243.8 billion KRW, while foreigners and institutions sold 177 billion KRW and 62 billion KRW, respectively. By sector, only finance showed a strong gain of over 6%. IT hardware and manufacturing remained in a narrow positive range. Meanwhile, entertainment & culture, IT software, construction, distribution, transportation, and other services showed slight declines.

In the early session of the day, secondary battery stock Ecopro showed strength in the KOSDAQ market. Ecopro BM, the KOSDAQ leader, rose over 1%, marking its fifth consecutive day of gains. Ecopro steadily continued its rise with a gain of over 7%. During the session, Ecopro BM entered the 300,000 KRW range, and Ecopro surpassed 800,000 KRW, setting all-time highs.

Among other top KOSDAQ market capitalization stocks, red and blue signals were mixed by stock. Cheonbo and SM rose over 1%. Celltrion Healthcare and Alteogen remained in a narrow positive range. Caregen and Pearl Abyss declined over 2%. L&F, HLB, Kakao Games, Celltrion Pharm, Osstem Implant, and JYP Entertainment (JYP Ent.) stayed in a slight negative range.

Meanwhile, the won-dollar exchange rate opened at 1,320 KRW, up 0.3 KRW from the previous day.

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