KOSPI and KOSDAQ Rise... Battery Sector Weakness Including Ecopro

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The KOSPI and KOSDAQ opened higher. This is interpreted as reflecting expectations that tensions between the U.S. and China will ease after their respective commerce ministers agreed to establish a framework for exchanging information regarding export controls on semiconductors and other items. Accordingly, the U.S. stock market also closed higher in some semiconductor sectors such as Nvidia and Micron.

At 9:44 a.m., the KOSPI closed at 2,550.95, up 0.30% (7.54 points) from the previous day. The KOSPI, which rose 0.29% (7.35 points) earlier in the day, is maintaining its upward trend.

Individual investors are solely driving the index by net buying 85.1 billion KRW. Foreigners and institutions are net selling 73.0 billion KRW and 13.3 billion KRW, respectively. In the futures market, only foreigners are net buyers with 157.3 billion KRW, while individuals and institutions are net sellers with 86.3 billion KRW and 85.1 billion KRW, respectively.

Looking at the top 10 stocks by market capitalization, the trend is mixed. Samsung Electronics and LG Energy Solution, ranked first and second in market cap, are unchanged. SK Hynix +2.50%, Samsung Biologics +0.13%, Hyundai Motor +0.16%, POSCO Future M +0.53%, and NAVER +0.47% are the only ones rising.

As of 9:49 a.m., the KOSDAQ is at 910.47, up 0.12% (1.09 points) from the previous day. The KOSDAQ index, which started the day up 0.28% (2.56 points) at 911.94, is showing a weakening in its gains.

The KOSDAQ is also being lifted solely by individual investors, who are net buyers of 133.9 billion KRW. Foreigners and institutions are net sellers of 82.9 billion KRW and 46.5 billion KRW, respectively.

The top 10 stocks by market capitalization show a mixed trend. EcoPro and EcoPro BM, ranked first and second by market cap, fell 3.11% and 4.21%, respectively, ranking among the top decliners. SM Entertainment also dropped 1.20%. On the other hand, JYP Entertainment +1.32%, HLB +1.21%, and L&F +1.05% are rising.

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