KOSPI Mixed... Can It Close with a Rebound After 9 Trading Days?

Finance, Transportation and Warehousing, Insurance Up
Textiles and Apparel, Steel and Metals Down

Employees are working in the dealing room of Hana Bank in Myeongdong, Seoul. Photo by Huh Younghan younghan@

The KOSPI index, which closed lower for eight consecutive trading days recently, showed mixed trends on the morning of the 15th.

As of 10:40 a.m., the KOSPI index was trading at 2,523.11, down 1.94 points (-0.08%) from the previous trading day. The KOSPI opened at 2,525.69, up 0.64 points (0.03%), and has been fluctuating since. Foreign investors sold 122.9 billion KRW worth of stocks, while institutions and individuals net bought 67.8 billion KRW and 50.6 billion KRW, respectively.

Among the top market capitalization stocks, Kia (1.93%), Kakao (1.66%), Shinhan Financial Group (1.50%), Samsung Biologics (1.21%), and Hyundai Mobis (0.93%) were rising. Conversely, EcoPro BM (-5.42%), LG Energy Solution (-3.03%), POSCO Future M (-2.71%), Samsung SDI (-2.45%), LG Chem (-2.34%), and POSCO Holdings (-1.34%) were declining.

By industry sector, financials (1.06%), transportation and warehousing (0.79%), electric and gas utilities (0.76%), transportation equipment (0.71%), insurance (0.64%), and semiconductors (1.04%) were up. On the other hand, textiles and apparel (-1.55%), steel and metals (-0.91%), retail (-0.75%), chemicals (-0.51%), machinery (-0.36%), and construction (-0.36%) sectors were down.

On the 12th (local time) at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed at 37,592.98, down 0.31% (118.04 points) from the previous day. The S&P 500 rose 0.08% (3.59 points) to 4,783.83, and the Nasdaq Composite increased 0.02% (2.57 points) to 14,972.76. The U.S. Producer Price Index (PPI) for December last year, released that day, showed a three-month consecutive easing trend, but major companies’ Q4 earnings were weak, resulting in a mixed close for the U.S. stock market.

At the same time, the KOSDAQ index fell 8.43 points (0.97%) from the previous session to 859.65. The index opened down 2.63 points (0.30%) at 865.45 and gradually widened its losses. Foreign investors and individuals bought stocks worth 11.5 billion KRW and 39.2 billion KRW, respectively, while institutions sold stocks worth 44.9 billion KRW.

Among the top market capitalization stocks, Hugel (2.59%), LS Materials (1.57%), and HPSP (0.24%) were on the rise. Except for these, most stocks such as JYP Entertainment (-5.69%), Alteogen (-5.80%), SM Entertainment (-3.97%), L&F (-3.80%), HLB (-3.47%), and Kakao Games (-3.11%) were falling.

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