KOSPI Shows Strength During Session on Net Buying by Institutions and Foreigners

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The KOSPI index is showing strength during the session, supported by net buying from institutions and foreigners.

As of 10:05 AM on the 24th, the KOSPI index is trading at 2521.84, up 15.88 points (0.65%) from the previous day.

By investor type, institutions and foreigners are net buying 102.2 billion KRW and 107.1 billion KRW respectively, while individuals are net selling 190 billion KRW. In the futures market, only foreigners are net buying alone with 161.6 billion KRW. Program trading has resulted in a total net purchase of 100 billion KRW.

Following the previous day’s rise in the New York stock market, driven by strength in semiconductor-related stocks and a sharp drop in government bond yields, the KOSPI index started the day with a gain of over 1%. Since then, it has slightly given up some gains due to selling pressure from individuals.

Sector performance is mixed. The electrical and electronics sector is up 1.74%, services 1.28%, manufacturing 0.86%, paper and wood 0.5%, pharmaceuticals 0.38%, construction 0.33%, and telecommunications 0.08%. On the other hand, insurance is down 1.56%, medical precision -0.95%, transportation equipment -0.58%, food and beverages -0.61%, and chemicals -0.55%.

Among the top market capitalization stocks, semiconductor and IT sectors are leading gains. Samsung Electronics and SK Hynix are up 1.94% and 5.86% respectively, Samsung Biologics 0.39%, Samsung SDI 0.51%, Hyundai Motor 0.05%, and NAVER 2.55%. Conversely, LG Energy Solution is slightly down by 0.19%, POSCO Holdings -0.36%, LG Chem -0.18%, and POSCO Future M -0.71% are also weak.

The KOSDAQ index is also strong. At the same time, the KOSDAQ index is trading at 893.51, up 10.64 points (1.21%) from the previous day. By investor type, institutions and foreigners are net buying 35.9 billion KRW and 64.2 billion KRW respectively, while individuals are net selling 90.5 billion KRW.

Among the top market capitalization stocks, EcoPro is up 1.56%, Celltrion Healthcare 0.63%, POSCO DX 4.93%, JYP Ent. 0.18%, HLB 0.18%, and Pearl Abyss 1.19%. Meanwhile, EcoPro BM remains slightly down by 0.16%, L&F -0.5%, and SM -0.45% are also weak.

Meanwhile, in the Seoul foreign exchange market, the KRW/USD exchange rate is trading at 1326.2 won, down 13.4 won from the previous day.

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