KOSPI Recovers to 2300 Level on Foreign and Institutional Dual Buying... KOSDAQ Also Up 1.7%

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The KOSPI index recovered to the 2300 level.

As of 9:15 a.m. on the 1st, the KOSPI index was recorded at 2308.97, up 30.98 points (1.36%) from the previous session. The index started the day at 2292.89, up 14.90 points (0.65%), and then extended its gains. Individual investors sold a net amount worth approximately 42.3 billion KRW, while foreigners and institutions bought net amounts of about 1.2 billion KRW and 40.9 billion KRW, respectively.

Among the top market capitalization stocks, Samsung SDI rose 4.00%, SK Hynix 2.58%, and Naver 2.08%. Samsung Biologics remained flat.

By sector, medical precision (2.10%), machinery (2.06%), electrical and electronics (1.88%), and manufacturing (1.54%) showed strength, while paper and wood (-3.74%) showed weakness.

On the 31st (local time), the U.S. stock market closed higher across the board as investors watched the Federal Open Market Committee (FOMC). The Dow Jones Industrial Average rose 123.91 points (0.38%) to 33,052.87, the S&P 500 increased 26.98 points (0.65%) to 4,193.80, and the tech-heavy Nasdaq rose 61.76 points (0.48%) to 12,851.24.

At this meeting, the Federal Reserve (Fed) is expected to keep the benchmark interest rate at 5.25?5.5%, but it hinted at one more rate hike within the year, drawing attention to its future moves.

At the same time, the KOSDAQ index traded at 748.63, up 12.53 points (1.70%) from the previous trading day. Individual investors sold about 9.8 billion KRW worth, while foreigners and institutions bought approximately 300 million KRW and 11.7 billion KRW, respectively.

Among the top market capitalization stocks, EcoPro rose 3.55%, EcoPro BM 2.70%, POSCO DX 2.55%, and L&F 2.45%, while Pearl Abyss (-1.12%) and Alteogen (-0.48%) declined.

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