Foreigners and Institutions Support KOSPI at 2630 Level... KOSDAQ Turns to Decline

On the 16th, the KOSPI showed an early upward trend, supported by buying from foreigners and institutions. The KOSDAQ, which started higher, turned downward due to foreign selling pressure.

On the 15th, the KOSPI index opened at 2,643.81, up 23.39 points (0.89%) from the previous trading day, as dealers were working at the Hana Bank headquarters in Jung-gu, Seoul. On the same day, the won-dollar exchange rate opened at 1,332 won, down 3.4 won. Photo by Jinhyung Kang aymsdream@

As of 9:24 a.m., the KOSPI index stood at 2,630.32, up 16.52 points (0.63%) from the previous trading day. The index opened at 2,635.63, up 21.83 points (0.84%) from the previous close, maintaining support above the 2,630 level.

Foreigners showed a net buying of 23.1 billion KRW, and institutions a net buying of 143.5 billion KRW, driving the index higher. Individuals sold off 179 billion KRW worth of shares.

Among the top market capitalization stocks, LG Energy Solution (3.16%), Samsung Biologics (0.49%), Celltrion (0.22%), POSCO Holdings (1.93%), LG Chem (3.62%), and NAVER (1.47%) are rising. On the other hand, semiconductor stocks such as Samsung Electronics (-0.41%) and SK Hynix (-0.47%), as well as automobile stocks like Hyundai Motor (-0.82%) and Kia (-0.18%), are declining.

The KOSDAQ, which started higher, turned downward at the same time, falling 1.48 points (0.17%) to 857.83 compared to the previous trading day.

On the KOSDAQ, individuals and institutions are buying 81 billion KRW and 12.8 billion KRW respectively, while foreigners are net sellers with 82.5 billion KRW.

Secondary battery stocks such as EcoPro BM (1.19%) and EcoPro (1.57%), along with Alteogen (2.97%), are rising. Most of the top market capitalization stocks, including Shinseong Delta Tech (5.65%), Enchem (-5.52%), and HPSP (-4.60%), are in a downward trend.

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