KOSPI Starts Flat... Individual Investors Buy Alone
On the 11th, the domestic stock market started off flat.
As of 9:07 a.m., the KOSPI index stood at 2,547.41, down 0.27 points (0.01%) from the previous trading day. Individual investors were net buyers with 28.9 billion KRW, while foreigners and institutions were net sellers with 19.4 billion KRW and 10.9 billion KRW, respectively.
Most of the top market capitalization stocks in the KOSPI market showed slight declines. Samsung Electronics (0.00%), LG Energy Solution (-0.39%), SK Hynix (-0.18%), and Samsung Biologics (-0.41%) all exhibited volatility under 1%. POSCO Holdings fell 1.03%, while Samsung SDI rose 0.68%.
Han Ji-young, a researcher at Kiwoom Securities, said, "The Korean stock market is expected to continue its volatility phase influenced by real economy indicators such as the U.S. August Consumer Price Index (CPI), retail sales and industrial production in the U.S. and China, the European Central Bank (ECB) monetary policy meeting, ongoing price adjustments in domestic and international IT and tech stocks, and supply-demand changes around the domestic futures and options expiration date."
At the same time, the KOSDAQ index was trading at 914.33, up 0.15 points (0.02%) from the previous day. Similar to the KOSPI market, individual investors were net buyers with 76.3 billion KRW, while foreigners and institutions were net sellers with 65.9 billion KRW and 6.7 billion KRW, respectively.
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Among the top market capitalization groups in KOSDAQ, Ecopro BM (-1.51%) and Ecopro (-2.15%) were both declining. Ecopro traded below "1,000,000 KRW," at 999,000 KRW. On the other hand, Rainbow Robotics (4.48%) showed strength, rising to 6th place in KOSDAQ market capitalization rankings. Lunit also showed strength early in the session, rising 5.42%.
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