"EcoPro Brothers Narrow Decline"... KOSDAQ Turns Upward
The KOSDAQ, which started off declining, has turned to an upward trend, rising more than 1%. It appears that secondary battery stocks, which had sharply fallen in the early session, are recovering their losses and driving the stock prices up.
As of 10:08 AM on the 27th, the KOSDAQ recorded 909.61 points, up 8.98 points (1.00%) compared to the previous trading day. The KOSDAQ started the day lower but shifted to an upward trend as secondary battery stocks reduced their losses.
By investor type, individual and institutional investors net bought 17.1 billion KRW and 25.3 billion KRW, respectively. Meanwhile, foreign investors net sold 32.3 billion KRW. By sector, pharmaceuticals, construction, digital content, and computer services are rising more than 3%. Software, transportation, and distribution sectors are also up more than 2%.
Among the top market capitalization stocks, secondary battery stocks are making a strong effort. Ecopro BM fell more than 11% in the early session but gradually recovered its losses. It is currently trading at 437,000 KRW, down 18,000 KRW (3.96%) from the previous trading day. Ecopro also fell nearly 12% but is now down about 5%. In addition, other secondary battery stocks such as POSCO DX and L&F have mostly recovered their earlier losses.
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Additionally, HLB is rising more than 4%, while Kakao Games and JYP Ent. are up 3.06% and 2.53%, respectively.
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