KOSPI Recovers to 2680 Level on Combined Net Buying by Foreigners and Institutions
The KOSPI recovered to the 2680 level, supported by simultaneous net buying from foreigners and institutions.
On the 19th, the KOSPI closed at 2680.26, up 31.50 points (1.19%) from the previous trading day.
By investor type, foreigners and institutions net bought 609.3 billion KRW and 443.4 billion KRW respectively. Individuals net sold 1.0069 trillion KRW.
By sector, electric and gas utilities surged 10.20%. Insurance and telecommunications rose 3.88% and 3.73% respectively. Additionally, distribution and construction increased by more than 2%, while transportation equipment, securities, transportation and warehousing, textiles and apparel, and paper and wood sectors rose by more than 1%. Meanwhile, machinery and pharmaceuticals declined slightly.
Among the top market capitalization stocks, Samsung Electronics closed at 73,800 KRW, up 1,000 KRW (1.37%) from the previous trading day. Samsung C&T and SK Hynix rose 4.03% and 3.07% respectively, while Kia and KB Financial also increased by more than 1%. On the other hand, LG Energy Solution and Samsung SDI fell 3.05% and 2.47% respectively.
On this day, 619 stocks on the KOSPI rose, including Jeju Bank and Korea District Heating Corporation, which hit the upper price limit. Without any stocks hitting the lower price limit, 263 stocks declined, and 53 stocks remained unchanged.
The KOSDAQ closed at 858.47, up 0.87 points (0.10%) from the previous trading day.
By investor type, foreigners and individuals net bought 55.7 billion KRW and 85.4 billion KRW respectively. In contrast, institutions net sold 118.3 billion KRW.
By sector, chemicals rose 3.04%, while pharmaceuticals and computer services jumped more than 2%. Telecommunications equipment and distribution also increased by more than 1%.
Among the top market capitalization stocks, EcoPro BM closed at 244,000 KRW, down 10,000 KRW (3.94%) from the previous trading day. EcoPro fell 5.47%, and HPSP and EO Technics dropped more than 4%. Solbrain declined 3.68%, and Shinseong Delta Tech fell 2.39%. On the other hand, Enchem and HLB surged 19.64% and 14.87% respectively.
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On this day, 843 stocks on the KOSDAQ rose, including 8 stocks such as Carelabs, NanoEntek, and Kinemaster that hit the upper price limit. Without any stocks hitting the lower price limit, 707 stocks declined, and 89 stocks remained unchanged.
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