KOSPI Falls Below 2600... Samsung Electronics Hits New High Again
Foreigners and Institutions Sell Together in Both Major Markets
Semiconductor and Battery Sectors Show Strength
KOSDAQ Starts Higher, Then Widens Gains
On the 27th, the KOSPI opened lower, falling below the 2600 mark due to simultaneous selling by foreigners and institutions. The automobile sector is weak, but semiconductors and batteries are strong. In particular, Samsung Electronics has been hitting a 52-week high for five consecutive trading days since the 20th.
As of 9:42 AM, the KOSPI is at 2592.70, down 0.38% (9.89 points) from the previous day. The KOSPI opened at 2599.35, down 0.12% (3.24 points) from the previous day.
Foreigners and institutions are net sellers of 94.9 billion KRW and 165 billion KRW respectively, pulling the index down. Individuals alone are net buyers of 264.1 billion KRW. In the futures market, only foreigners are buying, with net purchases of 218.8 billion KRW. Meanwhile, individuals and institutions are selling 188.5 billion KRW and 90.3 billion KRW respectively.
Among the top 10 stocks by market capitalization, only the automobile sector is declining. Samsung Electronics, the largest by market cap, rose 1.17% to 77,500 KRW, hitting a new 52-week high again. SK Hynix +0.07%, LG Energy Solution +1.20%, Samsung Biologics +0.28%, POSCO Holdings +5.07%, NAVER +0.70%, LG Chem +0.10%, and Samsung SDI +2.35% are all on the rise.
By sector, steel and metals +2.60%, electrical and electronics +0.79%, manufacturing +0.44%, transportation equipment +0.19%, and pharmaceuticals +0.03% are the only sectors showing gains.
As of 9:33 AM, the KOSDAQ is trading at 857.81, up 1.12% (9.53 points) from the previous day. The KOSDAQ opened at 851.49, up 0.37% (3.15 points) from the previous day, and is expanding its gains. Individuals are leading the index with net purchases of 84.3 billion KRW. Foreigners and institutions are net sellers of 10.5 billion KRW and 47 billion KRW respectively.
Among the top 10 stocks by market capitalization, the battery sector’s rise is prominent. POSCO DX +8.12%, L&F +6.99%, Alteogen +5.55%, EcoPro BM +3.52%, HLB +3.23%, and EcoPro +2.02% are all on the rise.
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By sector, internet +2.65%, general electrical and electronics +2.64%, metals +1.82%, and pharmaceuticals +1.55% are strong.
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