KOSPI Closes Slightly Higher at 2508.80... Battery Stocks Rally
KOSDAQ Closes Up 1.30%... Foreigners and Institutions 'Buy'
The KOSPI closed slightly higher, maintaining the 2500 level. The KOSDAQ rose more than 1%, driven by buying from both foreigners and institutions.
On the 21st, the KOSPI ended at 2508.80, up 0.17% (4.30 points) from the previous trading day. It opened at 2511.70, up 0.29% (7.20 points), but ultimately failed to hold above the 2510 level.
In the morning, individual investors led the index, but in the latter part of the session, institutions alone sustained the upward momentum. Institutions net bought 25.4 billion KRW. Conversely, individuals and foreigners net sold 10.2 billion KRW and 33.4 billion KRW, respectively. In the futures market, foreigners and institutions showed buying trends with net purchases of 205.6 billion KRW and 172.4 billion KRW, respectively. However, individuals ended with net sales of 244.5 billion KRW.
Among the top 10 stocks by market capitalization, the trend was mixed. POSCO Future M and POSCO Holdings, which fell early in the session, closed up 2.04% and 0.36%, respectively. Samsung Electronics +0.45%, Samsung Biologics +0.91%, and NAVER +0.94% also closed higher. On the other hand, Samsung SDI -1.17%, SK Hynix -0.68%, and LG Energy Solution -0.57% declined.
The KOSDAQ closed at 888.71, up 1.30% (11.39 points) from the previous day. It started at 881.09, up 0.43% (3.77 points), and showed steady gains throughout the day. Foreigners and institutions net bought 205.6 billion KRW and 172.4 billion KRW, respectively, driving the index. Meanwhile, individuals net sold 375.8 billion KRW alone.
Among the top 10 stocks by market capitalization, the battery sector showed strength. POSCO DX +11.88%, EcoPro +9.20%, EcoPro BM +5.13%, and SM +2.91% rose. Conversely, Pearl Abyss -6.84%, Celltrion Healthcare -3.21%, Celltrion Pharm -2.29%, and JYP Entertainment -1.87% closed lower.
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Meanwhile, in the Seoul foreign exchange market, the won-dollar exchange rate closed at 1342.6 won, up 4.3 won from the previous session.
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