Semiconductors Rise, Secondary Batteries Fall... KOSPI Steady in Early Trading

Despite selling pressure from foreigners and institutions, major semiconductor stocks rose together, and the KOSPI showed a firm upward trend on the morning of the 22nd.

On the morning of the 22nd, when the KOSPI started rising, the KOSPI index is displayed on the status board in the Hana Bank dealing room in Jung-gu, Seoul. [Image source=Yonhap News]

As of 10:37 a.m. on that day, the KOSPI index was trading at 2,606.48, up 6.46 points (0.25%) from the previous trading day. The index opened at 2,617.72, up 17.70 points (0.68%), and is maintaining an upward trend in the 2,600 range. Foreigners and institutions sold 127.4 billion KRW and 42.8 billion KRW respectively, while individuals bought 171.3 billion KRW.

Among the top market capitalization stocks, HMM (7.78%), Celltrion (1.28%), Kia (1.26%), Samsung Electronics (0.93%), Samsung Electronics Preferred (0.67%), Kakao (0.57%), Samsung SDI (0.44%), and SK Hynix (0.43%) rose in that order. On the other hand, POSCO Future M (-2.04%), KB Financial (-0.75%), POSCO Holdings (-0.72%), and LG Energy Solution (-0.59%) declined.

By sector, transportation and warehousing (2.42%), pharmaceuticals (0.72%), transportation equipment (0.43%), electrical and electronics (0.40%), and construction (0.35%) rose. Conversely, telecommunications (-0.46%), steel and metals (-0.37%), medical precision (-0.37%), insurance (-0.31%), and finance (-0.29%) sectors fell.

On the 21st (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed at 37,404.35, up 322.35 points (0.87%) from the previous session. The S&P 500 index rose 48.40 points (1.03%) to 4,746.75, and the Nasdaq index closed at 14,963.87, up 185.92 points (1.26%). Seokhwan Kim, a researcher at Mirae Asset Securities, said, "There was a rebound buying following the previous day's decline, and expectations of interest rate cuts continued, leading to a rise in the U.S. stock market."

At the same time, the KOSDAQ index fell 0.29 points (0.03%) to 859.15 from the previous session. The index opened at 863.35 points, up 3.91 points (0.45%), and is currently showing a slight downward trend. Foreigners and institutions sold 19.5 billion KRW and 50.8 billion KRW respectively, while individuals net bought 91.9 billion KRW.

Among the top market capitalization stocks, LS Mtron (1.56%), Celltrion Pharm (0.78%), SM Entertainment (0.66%), Soulbrain (0.51%), and POSCO DX (0.33%) were on the rise. On the other hand, HPSP (-2.25%), L&F (-2.17%), EcoPro BM (-1.96%), and EcoPro (-1.73%) were declining.

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