KOSPI, Foreigners vs Institutions... Slightly Firm Range During Trading

by Jang Hyowon

Published 04 Sep.2023 10:36(KST)

[Image source=Yonhap News]

The KOSPI index is moving in a slightly positive range.

As of 10:28 AM on the 4th, the KOSPI index is trading at 2565.50, up 0.07% from the previous day.

After a slight rise at the start of the day, the KOSPI index is moving in a slightly positive range with no clear direction, as selling pressure from institutions and individuals is offset by buying pressure from foreigners.

By investor type, institutions and individuals are net sellers of 110.7 billion KRW and 59.7 billion KRW respectively, while foreigners are net buyers of 171.3 billion KRW. In the futures market, institutions are net sellers of 168 billion KRW, while foreigners and individuals are net buyers of 16.5 billion KRW and 117.9 billion KRW respectively.

Sector-wise, performance is mixed. Steel & Metals is up 0.68%, Chemicals 0.61%, Transportation & Warehousing 0.33%, Medical Precision 0.33%, Securities 0.3%, and Transportation Equipment 0.25% are showing strength. On the other hand, Insurance is down 1.44%, Services -0.95%, and Textiles & Apparel -0.77% are declining.

Among the top market capitalization stocks, performance is also mixed. Samsung Electronics is up 0.56%, LG Energy Solution 0.96%, POSCO Holdings 0.54%, Samsung SDI 2.01%, and LG Chem 1.4% are rising. Conversely, SK Hynix is down 2.5%, Hyundai Motor -0.27%, NAVER -2.56%, and POSCO Future M -0.35% are declining.

The KOSDAQ index is showing weakness. At the same time, the KOSDAQ index is trading at 915.78, down 0.43% from the previous day. By investor type, institutions and foreigners are net sellers of 25.1 billion KRW and 47.4 billion KRW respectively, while individuals are net buyers of 85.8 billion KRW.

Among the top market capitalization stocks, EcoPro and EcoPro BM fell 4.24% and 0.49% respectively, and JYP Ent. also declined by 0.57%. On the other hand, Celltrion Healthcare is up 0.31%, POSCO DX 3.09%, Rainbow Robotics 3.5%, SM 2.04%, and Pearl Abyss 0.31% are rising.