KOSPI Starts Higher... Surpasses 2410 on Institutional Buying

The KOSPI opened higher due to net buying by institutional investors.

As of 9:49 a.m. on the 6th, the KOSPI recorded 2,414.98, up 11.38 points (0.47%) from the previous trading day.

On this day, the KOSPI started higher despite the slightly lower U.S. stock market. On the 5th (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average, focused on blue-chip stocks, closed at 33,119.57, down 9.98 points (0.03%) from the previous trading day. The S&P 500, centered on large-cap stocks, fell 5.56 points (0.13%) to 4,258.19, and the Nasdaq, focused on tech stocks, dropped 16.18 points (0.12%) to 13,219.83. The New York market was cautious, awaiting the Labor Department’s employment data release.

By investor type, individuals and institutions were net buyers of 12.3 billion KRW and 41.6 billion KRW, respectively. Conversely, foreigners were net sellers of 52.4 billion KRW.

Most sectors rose. Among them, medical precision, pharmaceuticals, services, and finance increased by more than 1%. Meanwhile, the chemical sector showed a slight decline.

Among the top market capitalization stocks, Samsung Electronics traded at 66,900 KRW, up 200 KRW (0.30%) from the previous trading day. KB Financial rose 2.61%, and Samsung Biologics, NAVER, POSCO Future M, and Celltrion all increased by more than 1%. On the other hand, SK Hynix, LG Chem, and Kia saw slight declines.

The KOSDAQ recorded 812.77, up 11.75 points (1.47%).

By investor type, foreigners and institutions were net buyers of 46.3 billion KRW and 5.5 billion KRW, respectively. Meanwhile, individuals were net sellers of 45 billion KRW.

All sectors are rising. Among them, paper and wood jumped 6.62%. Digital content rose 3.14%, and other services, telecommunications services, computer services, software, and pharmaceuticals all increased by more than 2%.

Among the top market capitalization stocks, EcoPro BM traded at 236,500 KRW, up 3,000 KRW (1.28%) from the previous trading day. Alteogen rose 5.88%, and POSCO DX and Pearl Abyss increased by more than 3%. Meanwhile, L&F and Rainbow Robotics showed slight declines.

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