KOSPI Rises Above 2620 on Institutional Net Buying...
On the 28th, the last trading day of the year, the KOSPI opened higher due to net buying by institutions.
As of 9:39 a.m., the KOSPI recorded 2,620.27, up 6.77 points (0.26%) from the previous trading day.
On this day, the KOSPI started at 2,616.27, up 2.77 points (0.11%) from the previous trading day. Although it initially declined in early trading, it turned to an upward trend due to strengthened net buying by institutions.
By investor type, foreigners and individuals net sold 11.5 billion KRW and 40.4 billion KRW, respectively. Meanwhile, institutions net bought 56.2 billion KRW.
By sector, transportation equipment rose 1.47%. Textile and apparel, distribution, machinery, telecommunications, and electric and gas sectors also saw slight gains. On the other hand, construction fell 1.12%, while precision medical instruments, insurance, and paper and wood sectors showed slight declines.
Among the top market capitalization stocks, Samsung Electronics traded at 77,600 KRW, down 400 KRW (0.51%) from the previous trading day. NAVER and POSCO Future M also saw slight declines. Conversely, Kia rose 2.16%, and Hyundai Motor, Samsung SDI, and Samsung C&T Corporation increased by more than 1%.
The KOSDAQ recorded 859.72, down 0.07 points (0.01%) from the previous trading day.
By investor type, individuals net bought 117.7 billion KRW, while foreigners and institutions net sold 78.7 billion KRW and 33.4 billion KRW, respectively.
By sector, semiconductors fell 1.10%, with finance, paper and wood, and precision medical instruments also showing slight declines. On the other hand, transportation equipment and parts rose 1.62%, along with other manufacturing, publishing and broadcasting, and food and tobacco sectors.
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Among the top market capitalization stocks, EcoPro BM traded at 282,500 KRW, down 8,000 KRW (2.75%) from the previous trading day. HPSP fell 3.66%, and HLB and Pearl Abyss dropped more than 1%. Conversely, L&F rose 5.18%, and LS Materials also increased by 3.50%.
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