KOSPI Ends Slightly Higher... Ecopro Returns Throne at '980,000 Won'
On the 11th, the KOSPI index closed slightly higher. While the secondary battery sector showed overall weakness, EcoPro's stock price fell below 1 million won for the first time in about a month and a half, relinquishing its status as a blue-chip stock.
On that day, the KOSPI index closed at 2,556.88, up 9.20 points (0.36%) from the previous trading day. Individual investors sold a net 75.6 billion won, while foreigners and institutions bought a net 24.7 billion won and 33.2 billion won, respectively.
Among the top market capitalization groups in the KOSPI market, Samsung Electronics (0.71%), SK Hynix (1.93%), and Samsung Biologics (1.38%) closed higher. On the other hand, secondary battery-related stocks such as POSCO Holdings (-2.23%) and Samsung SDI (-2.72%), as well as NAVER (-1.63%), closed lower.
Kim Seok-hwan, a researcher at Mirae Asset Securities, said, "The KOSPI turned to a rise in the late session supported by a decrease in net selling by foreigners, while the KOSDAQ saw an expanded decline due to weakness in the secondary battery sector. Both markets continue a rotation market with strength in pharmaceuticals and biotech stocks."
The KOSDAQ index closed at 912.55, down 1.63 points (0.18%). Individual investors bought a net 112.7 billion won, while foreigners and institutions sold a net 62.9 billion won and 32.6 billion won, respectively.
Among the top market capitalization stocks in the KOSDAQ, the so-called "EcoPro brothers" both showed weakness. EcoPro BM closed down 3.01%, and EcoPro closed at 980,000 won, down 4.02% from the previous trading day. This marks the first time since July 27 (985,000 won) that EcoPro's closing price has fallen below 1 million won in about a month and a half.
Medical AI company Lunit closed at 256,500 won, up 3.01%, entering the top 10 in market capitalization for the first time by pushing out Pearl Abyss.
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Meanwhile, in the Seoul foreign exchange market, the won-dollar exchange rate closed at 1,331.1 won, down 2.3 won from the previous trading day.
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