KOSPI Ends Flat Amid Institutional and Individual Investor Battle

The KOSPI index remained flat as institutional buying and individual selling offset each other.

On the 7th, the KOSPI index closed at 2615.6, up 0.19 points (0.01%) from the previous day. Trading volume was 525.82 million shares, and the trading value was recorded at 9.93 trillion won.

[Image source=Yonhap News]

By investor type, institutions were net buyers with 348.9 billion won, while foreigners and individuals were net sellers with 40 billion won and 294.4 billion won, respectively. Program trading saw net selling of 2.3 billion won in arbitrage trading and net buying of 115 billion won in non-arbitrage trading.

On that day, the KOSPI index started higher as risk appetite expanded amid strong U.S. economic outlook and expectations of interest rate stabilization. Supported by foreign buying, the gains widened but were partially trimmed following the release of China’s import-export data during the session.

Sector performance was mixed. Transportation and warehousing rose 2.02%, chemicals 1.99%, insurance 0.75%, retail 0.65%, food and beverages 0.49%, finance 0.31%, non-metallic minerals 0.22%, machinery 0.21%, and steel and metals 0.16% showed strength. Conversely, transportation equipment fell 2.44%, electric and gas utilities -1.22%, medical precision -0.66%, and pharmaceuticals -0.37% were weak.

Among the top market capitalization stocks, performance was also mixed. Samsung Electronics declined 0.98%, SK Hynix -0.64%, Hyundai Motor -2.29%, Kia -4.87%, and Celltrion -1.05% were weak. On the other hand, LG Energy Solution rose 1.68%, Samsung Biologics 0.13%, LG Chem 3.18%, and Samsung SDI 2.51% showed strength.

The KOSDAQ index rose, driven by strength in secondary battery-related stocks and combined buying from institutions and foreigners. The KOSDAQ index closed at 880.72, up 10.44 points (1.2%) from the previous day. By investor type, institutions and foreigners were net buyers with 59.3 billion won and 205.7 billion won, respectively, while individuals were net sellers with 223.9 billion won.

Among the top market capitalization stocks, secondary battery-related stocks surged. EcoPro BM rose 4.85%, and EcoPro surged 16.96%. L&F also increased 5.08%, while JYP Ent. rose 0.95%, Pearl Abyss 0.8%, and Alteogen 0.21%. Conversely, Celltrion Healthcare fell 1.86%, HLB -4.15%, Celltrion Pharm -2.29%, and Kakao Games -0.25% were weak.

Meanwhile, in the Seoul foreign exchange market, the won/dollar exchange rate closed at 1303.8 won, down 4.3 won from the previous day.

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