KOSPI Gains Mid-Session on Dual Buying by Institutions and Foreigners

The KOSPI index is showing an upward trend as buying pressure from institutions and foreigners intensifies during the session.

[Image source=Yonhap News]

As of 10:16 AM on the 29th, the KOSPI index is trading at 2,575.47, up 11.29 points (0.44%) compared to the previous day.

By investor type, institutions and foreigners are net buyers with 47.6 billion KRW and 52.4 billion KRW respectively, while individuals are net sellers with 98.9 billion KRW.

In the futures market, institutions and individuals are net sellers with 374.3 billion KRW and 301.8 billion KRW respectively, whereas foreigners are net buyers with 660.9 billion KRW. Program trading shows net buying of 2.7 billion KRW in arbitrage trading and 60.3 billion KRW in non-arbitrage trading.

Sector performance is mixed. The electric and gas industry is up 1.97%, followed by electronics at 0.93%, pharmaceuticals 0.86%, steel and metals 0.71%, manufacturing 0.7%, chemicals 0.4%, and services 0.21%. On the other hand, the medical precision sector is down 1.81%, non-metallic minerals -1.49%, telecommunications -1.24%, and food and beverages -0.84%.

Most of the top market capitalization stocks are showing strength. Samsung Electronics is up 0.55%, LG Energy Solution 2.19%, SK Hynix 1.31%, Samsung Biologics 1.62%, LG Chem 1.96%, Samsung SDI 3.04%, and POSCO Holdings 1.16%. Conversely, Hyundai Motor is down 0.24%, and Kia is down 0.23%.

The KOSDAQ market is also strong. The KOSDAQ index is trading at 868.78, up 1.76 points (0.2%) from the previous day. By investor type, institutions and individuals are net buyers with 17.2 billion KRW and 45.9 billion KRW respectively, while foreigners are net sellers with 53.2 billion KRW.

The top market capitalization stocks show mixed movements. EcoPro BM is up 1.03%, EcoPro 4.57%, Celltrion Healthcare 0.77%, L&F 1.88%, JYP Ent. 2.94%, and CareGen 1.02%. Meanwhile, HLB is down 1.26%, Pearl Abyss -1.66%, and Celltrion Pharm -0.26%.

Meanwhile, at the same time, the KRW/USD exchange rate is trading at 1,306.2 KRW, down 1.1 KRW from the previous day.

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