Institutions and Foreigners Pull Together with 450 Billion Won... KOSPI Recovers to 2670 Level

Foreigners and Institutions Net Buy Totaling 453.5 Billion KRW
All Sectors Rise Except Transportation Warehousing and Food & Beverages
Semiconductor Stocks Including Samsung Electronics and SK Hynix Show Strength

The KOSPI index rebounded to the 2670 level, buoyed by a tailwind from the U.S.

[Image source=Yonhap News]

As of 11:07 a.m. on the 24th, KOSPI was trading at 2671.73, up 48.71 points (1.86%) from the previous day. KOSPI opened at 2662.84, up 39.82 points from the previous trading day, hit a high of 2675.90 early in the session, and has been hovering around the 2670 level.

By investor type, foreigners bought 198.4 billion KRW, and institutions purchased 255.1 billion KRW. Individuals were net sellers with 461.8 billion KRW.

By sector, all sectors except transportation and warehousing (-0.09%) and food and beverages (-0.40%) are rising. In particular, electrical and electronics (3.47%), machinery (3.36%), and manufacturing (2.38%) are showing strong performance.

583 stocks are on the rise, 281 stocks are declining, and 61 stocks are unchanged. All of the top 10 stocks by market capitalization are up. Samsung Electronics (3.44%) and SK Hynix (5.09%) are especially strong, while LG Energy Solution (2.57%) and Samsung SDI (2.83%) are also showing good momentum. HYBE, which has been embroiled in controversy over an attempted takeover of its subsidiary Adoor, rose 0.48%.

The U.S. stock market closed higher for the second consecutive day yesterday. As the earnings season officially began, investor sentiment revived. In particular, Nvidia, which shocked the market last week with a 10% plunge, continued its rebound for two consecutive trading days, attracting buying interest centered on large tech stocks.

The KOSDAQ index is trading at 858.13, up 12.69 points (1.50%) from the previous day.

By investor type, institutions bought 28.9 billion KRW, and foreigners purchased 70.9 billion KRW. Individuals sold 90.1 billion KRW.

1,157 stocks are rising, 372 stocks are falling, and 95 stocks are unchanged. Among the top market cap stocks, Rino Industrial (6.60%) and EO Technics (6.47%) show gains exceeding 5%. Ecopro BM (3.00%) and Samchundang Pharmaceutical (3.83%) are also on the rise. Point Mobile, which resumed trading after 757 days following the resolution of delisting issues, is down 9.04%.

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