KOSPI Starts Higher... Recovers to 2300 Level

On the 27th, the KOSPI index started the session higher, regaining the 2300 level.

As of 9:10 a.m. that day, the KOSPI index was at 2307.89, up 8.81 points (0.38%) from the previous close. Foreigners were net sellers of 104.5 billion KRW, but individuals and foreigners were net buyers of 10.6 billion KRW and 88.5 billion KRW, respectively.

The stock prices of the top market capitalization groups in the KOSPI market showed mixed results. Samsung Electronics (0.45%) was rising in the early session, while SK Hynix was down 1.42%. Hyundai Motor, which recorded record-breaking earnings this year, was up 1.17%, showing strength early in the session. LG Chem (1.88%) and Kia (1.23%) were also on the rise.

Han Ji-young, a researcher at Kiwoom Securities, said, "Although there are concerns about a reacceleration of the U.S. economy, the strong earnings of Amazon and IBM, the positive earnings report from Hyundai Motor the previous day, the resulting expectations for Kia and Hyundai Mobis earnings, and the inflow of bargain buying are expected to drive a rebound." She added, "Ultimately, in a prolonged high-interest-rate environment where growth becomes scarce, capital inflow toward companies maintaining their earnings is inevitable."

At the same time, the KOSDAQ index was trading at 748.25, up 4.40 points (0.59%) from the previous close. Foreigners were net sellers of 44.2 billion KRW, while individuals and foreigners were net buyers of 21.2 billion KRW and 26.5 billion KRW, respectively.

Most of the top market capitalization groups in KOSDAQ were on the rise. L&F (3.45%) showed strength early in the session, and JYP Ent. (2.59%), HLB (1.73%), and Pearl Abyss (1.22%) were also up. EcoPro BM rose 0.95% from the previous trading day, regaining the 200,000 KRW level.

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