KOSPI Holds Firm on Foreigners' Net Buying... KOSDAQ Falls Below 900 Mark

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The KOSPI index closed slightly higher, supported by net buying from foreign investors.

On the 2nd, the KOSPI index ended trading at 2,753.16, up 5.3 points (0.19%) from the previous day. The trading volume was 618.07 million shares, and the trading value was tentatively estimated at 12.9183 trillion won.

By investor type, institutions and individuals net sold 349.3 billion won and 626.8 billion won respectively, while foreigners net bought 1.007 trillion won, supporting the index. Program trading saw a net sale of 84.1 billion won in arbitrage trading and a net purchase of 654 billion won in non-arbitrage trading.

The KOSPI index, which started lower influenced by mixed trends in the New York stock market the previous day due to reduced expectations of interest rate cuts, turned upward as net buying from foreigners flowed in. In particular, Samsung Electronics rose 3%, attracting buying interest and leading the overall market.

By sector, more sectors declined. The electric and gas industry fell 2.03%, medical precision -1.94%, services -1.81%, steel and metals -1.61%, textiles and apparel -1.51%, pharmaceuticals -1.49%, and telecommunications -1.37%. On the other hand, electronics rose 1.85%, insurance 1.02%, manufacturing 0.65%, and securities 0.08%, closing the session stronger.

Among the top market capitalization stocks, most declined except for Samsung Electronics and SK Hynix. LG Energy Solution dropped 0.63%, Hyundai Motor -3.3%, Kia -3.68%, Celltrion -2.29%, POSCO Holdings -2.03%, NAVER -1.18%, and Samsung SDI -0.22% were weak. Meanwhile, Samsung Electronics and SK Hynix rose 3.66% and 0.43%, respectively.

On the same day, the KOSDAQ index fell, pressured by net selling from institutions and foreigners. The KOSDAQ index closed at 891.59, down 20.86 points (2.29%) from the previous day. By investor type, institutions and foreigners net sold 238.4 billion won and 226.5 billion won respectively, while individuals net bought 481.4 billion won.

Most of the top market capitalization stocks declined. EcoPro BM and EcoPro fell 3.33% and 3.79%, respectively, HLB -3.64%, Alteogen -8.75%, Celltrion Pharm -2.71%, and Rainbow Robotics -3.97%. On the other hand, Enchem rose 6.26%, HPSP 1.36%, and Rino Industrial 0.56% increased.

Meanwhile, in the Seoul foreign exchange market, the won/dollar exchange rate closed at 1,352.1 won, up 2.7 won from the previous day.

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