KOSPI Rises 0.25% on Individual and Institutional 'Buy'... KOSDAQ Also Up 0.6%
The KOSPI index is showing strength as both individuals and institutions record net buying dominance.
As of 9:24 a.m. on the 24th, the KOSPI index was trading at 2,362.97, up 5.95 points (0.25%) from the previous trading day. The index opened at 2,371.55, up 14.53 points (0.62%), but later gave back some of the gains. Individuals and institutions net bought approximately 36.1 billion KRW and 17.2 billion KRW respectively, while foreigners net sold about 55.5 billion KRW.
Among the top market capitalization stocks, Samsung Biologics rose 3.00%, Naver (NAVER) 2.24%, SK Hynix 1.37%, and Samsung Electronics 0.15%. Meanwhile, LG Energy Solution fell 1.26%, Samsung SDI 0.63%, and LG Chem 0.62%.
By sector, pharmaceuticals increased 1.47%, services 1.05%, securities 0.70%, and construction 0.65%, while electric and gas utilities declined 0.80% and insurance 0.45%.
On the 23rd (local time), the U.S. stock market showed mixed results. The Dow Jones Industrial Average closed down 190.87 points (0.58%) at 32,936.41, the large-cap S&P 500 index fell 7.12 points (0.17%) to 4,217.04, and the tech-heavy Nasdaq index rose 34.52 points (0.27%) to close at 13,018.33.
At the same time, the KOSDAQ index rose 4.75 points (0.62%) to 768.44. Foreigners and institutions bought approximately 1.7 billion KRW and 18.5 billion KRW respectively, while individuals sold about 18.5 billion KRW.
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Among the top market capitalization stocks on KOSDAQ, HPSP rose 3.89%, Celltrion Healthcare 3.83%, and L&F 2.02%. Alteogen fell 6.32%, POSCO DX 1.38%, and EcoPro 0.68%.
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