KOSPI Starts Higher... Samsung Electronics and Hynix Gain on Foreign Buying Pressure

On the 26th, the KOSPI and KOSDAQ indices both started higher. In particular, with expectations of a rebound in the industry rising due to the recent surge in the stock price of the US semiconductor company Nvidia, Samsung Electronics and SK Hynix showed strength in the early trading session.

As of 9:14 a.m., the KOSPI index was up 4.46 points (0.17%) from the previous session, standing at 2559.15. Foreign investors were net buyers with 201 billion KRW, and individuals were also net buyers with 2.4 billion KRW. On the other hand, institutions were net sellers with 201.3 billion KRW.

Among the top 10 companies by market capitalization on the KOSPI, Samsung Electronics (1.45%) and SK Hynix (2.71%) showed early strength. Conversely, LG Energy Solution (-0.34%), Samsung Biologics (-0.26%), Samsung SDI (-0.29%), and Hyundai Motor (-0.49%) showed slight declines.

Kim Ji-hyun, a researcher at Kiwoom Securities, said, "Although the market is expected to start higher, led by Nvidia's sharp rise and Nasdaq's strength, the upside will likely be limited as existing negative factors such as debt ceiling negotiation uncertainties and strong US economic indicators have not been resolved."

[Image source=Yonhap News]

At the same time, the KOSDAQ index was up 2.64 points (0.31%) at 850.36. Individuals were net buyers with 32.2 billion KRW, while foreigners and institutions were net sellers with 27.1 billion KRW and 5.6 billion KRW, respectively.

Among the top market capitalization groups on the KOSDAQ, EcoPro BM (0.21%), EcoPro (0.73%), and L&F (0.59%) showed slight gains. Game stock Pearl Abyss (-3.22%) was weak in early trading.

Meanwhile, in the Seoul foreign exchange market, the won-dollar exchange rate was at 1329.60 won, down 0.40 won (-0.03%) from the previous session.

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