KOSPI and KOSDAQ Start Lower... Samsung Electronics and SK Hynix Rise

KOSDAQ Turns Up... Battery Sector Shows Strength

[Image source=Yonhap News]

The KOSPI and KOSDAQ opened lower. This was influenced by the decline in the US stock market after the US leading economic index fell to its lowest level in 2 years and 4 months. However, the KOSDAQ turned to an upward trend in the early session as the battery sector showed strength.

As of 9:03 AM on the 21st, the KOSPI is trading at 2552.16, down 0.43% (10.95 points) from the previous day. The KOSPI opened at 2556.70, down 0.25% (6.41 points) on the day.

Foreign investors and institutions are pulling the index down. Foreigners and institutions are net selling 2.4 billion KRW and 27.1 billion KRW respectively. Individuals are net buying 32.3 billion KRW. In the futures market, only foreigners are selling, offloading 8.9 billion KRW, while individuals and institutions are buying 16.5 billion KRW and 13.1 billion KRW respectively.

The top 10 stocks by market capitalization are mostly declining. Only Samsung Electronics (+0.46%) and SK Hynix (+0.80%) are rising. The rest are slightly down, with Hyundai Motor -0.99%, LG Chem -0.88%, and Kia -0.71% in order.

As of 9:09 AM, the KOSDAQ is at 887.96, up 0.25% (2.25 points) from the previous day. The KOSDAQ opened at 884.27, down 0.16% (1.44 points) but soon turned upward.

The index is being driven by individuals. Individuals are net buying 31.4 billion KRW alone. Foreigners and institutions are net selling 22.8 billion KRW and 15.7 billion KRW respectively.

The top 10 stocks by market capitalization are mostly rising. Celltrion Healthcare +1.15%, L&F +1.13%, Celltrion Pharm +0.70%, and Pearl Abyss +0.68% are leading the gains. Meanwhile, EcoPro -1.15%, EcoPro BM -0.17%, and JYP Entertainment -0.23% are declining. Kakao Games and Osstem Implant are unchanged.

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