KOSPI Index Steady at 2520 Level... KOSDAQ Shows Upward Trend

The U.S. stock market closed mixed due to conflicting remarks from Federal Reserve (Fed) officials, while the KOSPI remained flat on the morning of the 30th.

Dealers are working at the Hana Bank dealing room in Jung-gu, Seoul, on the 30th, where the KOSPI index opened at 2512.11, down 7.70 points (0.31%) from the previous trading day. Photo by Jinhyung Kang aymsdream@

As of 10:45 a.m. that day, the KOSPI index was trading at 2,519.60, down 0.21 points (0.01%) from the previous trading day. The index opened at 2,512.11, down 7.70 points (0.31%), but has since fluctuated near the previous day's closing level. Institutions and individuals bought approximately 103.3 billion KRW and 28.6 billion KRW worth of stocks respectively, while foreigners net sold 128.1 billion KRW.

Among the top market capitalization stocks, KB Financial Group (1.35%), Samsung C&T Corporation (0.85%), Naver (NAVER) (0.72%), Shinhan Financial Group (0.55%), and SK Hynix (0.46%) rose. Conversely, Kakao (-0.79%), POSCO Future M (-0.61%), Samsung Biologics (-0.55%), Samsung SDI (-0.53%), and Hyundai Mobis (-0.22%) declined.

By sector, non-metallic minerals (0.33%), medical precision instruments (0.25%), construction (0.23%), and textiles and apparel (0.10%) were up. Meanwhile, insurance (-0.68%), chemicals (-0.42%), electrical and electronics (-0.34%), and electric and gas utilities (-0.34%) sectors fell.

On the 29th (local time), the three major U.S. stock indices closed mixed near the flat line ahead of the release of the Personal Consumption Expenditures (PCE) price index, an inflation gauge closely watched by the Fed, amid expectations of a directional shift next year. At the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed up 13.44 points (0.04%) at 35,430.42. The large-cap S&P 500 index fell 4.31 points (0.09%) to 4,550.58, and the tech-heavy Nasdaq index dropped 23.27 points (0.16%) to 14,258.49.

At the same time, the KOSDAQ index rose 4.39 points (0.53%) to 826.83. Individuals bought 64.5 billion KRW worth of stocks, while foreigners and institutions sold 57.9 billion KRW and 13.0 billion KRW respectively.

Among the top market capitalization stocks, L&F (6.99%), Classys (4.05%), Dongjin Semichem (2.41%), HPSP (2.10%), Rainbow Robotics (1.41%), and Lino Industrial (1.44%) rose. On the other hand, EcoPro (-1.62%), JYP Entertainment (JYP Ent.) (-1.49%), HLB (-1.10%), POSCO DX (-0.86%), and Pearl Abyss (-0.65%) declined.

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