KOSPI Closes at 2495.76... Samsung Electronics Ends Higher

Closing Price Falls Below 2500 After 90 Days
Battery Sector Ends Lower
Alteogen Hits 52-Week High

Securities company app, stock trading scene. Photo by Hyunmin Kim kimhyun81@

The KOSPI index fell below the 2,500 mark for the first time in 90 days based on the closing price. It slid further amid foreign investors' selling pressure. Samsung Electronics, the largest by market capitalization, closed on an upward trend.

On the 25th, the KOSPI closed at 2,495.76, down 0.49% (12.37 points) from the previous trading day. The index opened at 2,504.10, down 0.16% (4.03 points) from the previous day, rebounded briefly, but soon turned downward.

Foreign investors pulled the index down, net selling 133.8 billion KRW alone. Individual and institutional investors net bought 48 billion KRW and 70.9 billion KRW, respectively. In the futures market, foreign and institutional investors bought 298.5 billion KRW and 56.4 billion KRW, respectively, while individuals sold 239.8 billion KRW.

Most of the top market capitalization stocks declined. Samsung Electronics +0.87%, Hyundai Motor +0.73%, and Kia +2.37% closed higher. POSCO Holdings -5.27%, LG Energy Solution -3.05%, Samsung SDI -2.25%, and Samsung SDI -1.28% declined in that order.

The KOSDAQ closed at 839.17, down 2.12% (18.18 points) from the previous trading day. It opened at 856.79, down 0.07% (0.56 points) from the previous day, and widened its losses. Foreign investors also sold 135.1 billion KRW, dragging the index down. Individual and institutional investors net bought 126.7 billion KRW and 13 billion KRW, respectively.

Among the top 10 market capitalization stocks, more declined. EcoPro BM -8.89%, EcoPro -8.05%, POSCO DX -3.29%, L&F -2.82%, and HLB -2.49% fell in that order. Meanwhile, Alteogen surged 15.06% to close at 81,000 KRW, marking a 52-week high. JYP Entertainment and SM Entertainment rose 7.30% and 1.30%, respectively.

Lee Kyung-min, a researcher at Daishin Securities, analyzed, "Amid sluggish trading volume, the entire secondary battery value chain expanded its decline, increasing downward pressure on the stock market. However, the inflow of foreign investors' net buying in futures and financial investment's net buying in spot markets, along with Samsung Electronics' rise, limited further market declines."

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