KOSPI Closes at 2605.12... Semiconductors and Secondary Batteries Perform Well

Samsung Electronics +1.92% Close
Foreign Investors Buy in Futures and Spot Markets

Samsung Electronics closed at 68,900 won on the 9th, up 1.92% from the previous day.

On the 9th, both the KOSPI and KOSDAQ closed with gains of over 1%.

The KOSPI closed at 2,605.12, up 1.21% (31.14 points) from the previous day. Starting at 2,580.60, up 0.26% (6.62 points), the KOSPI showed a steady trend and rose above the 2,600 mark in the afternoon.

Foreign investors alone net purchased 355.5 billion KRW, driving the index higher. Individuals and institutions net sold 88.1 billion KRW and 292 billion KRW, respectively. In the futures market, foreign investors also bought 661.4 billion KRW alone. However, individuals and institutions sold 82 billion KRW and 678.9 billion KRW, respectively.

Among the top 10 stocks by market capitalization, only SK Hynix (-0.08%) declined. LG Energy Solution rose 5.33%, Samsung SDI 3.26%, LG Chem 2.44%, NAVER 2.02%, and POSCO Future M 2.01%. POSCO Holdings closed flat. Samsung Electronics, the largest by market capitalization, closed up 1.92% at 68,900 KRW.

The KOSDAQ closed at 908.98, up 1.86% (16.64 points) from the previous day. It started the day at 891.08, down 0.14% (1.26 points), but turned upward. Foreign and institutional investors net purchased 253.3 billion KRW and 69.8 billion KRW, respectively, supporting the rise. Only individuals net sold 320.9 billion KRW.

The top 10 stocks by market capitalization showed mixed trends. Celltrion Pharm rose 5.28%, EcoPro 4.64%, Celltrion Healthcare 4.49%, L&F 4.18%, and Pearl Abyss 3.88%. POSCO DX (-1.99%), SM (-1.88%), and JYP Entertainment (-0.62%) closed lower.

Lee Kyung-min, a researcher at Daishin Securities, explained, "With foreign investors net buying, the market rebounded after six trading days, showing relative strength compared to other Asian markets." He added, "Although the won-dollar exchange rate rose consecutively, today foreign investors' simultaneous net buying in both spot and futures markets increased upward pressure on the stock market. Support was secured around the previous low level of 2,570, and with the help of semiconductors and secondary batteries, the market reclaimed the 2,600 level."

Meanwhile, in the Seoul foreign exchange market, the won-dollar exchange rate closed unchanged from the previous trading day at 1,315.7 KRW.

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