KOSPI Rises on Foreign and Institutional Dual Net Buying... Recovers 2670 Level
The KOSPI index rose more than 1% as both foreigners and institutions engaged in net buying, recovering to the 2670 level.
As of 9:32 a.m. on the 3rd, the KOSPI recorded 2675.29, up 38.77 points (1.47%) from the previous trading day.
By investor type, foreigners and institutions net bought 73.5 billion KRW and 114.8 billion KRW respectively. Individuals net sold 180 billion KRW.
By sector, transportation equipment and warehousing rose 3.83% and 3.64% respectively, while electric and gas utilities jumped 3.29%. Additionally, pharmaceuticals increased by 2.80%, and medical precision, electrical and electronics, manufacturing, food and beverage, and telecommunications sectors also rose more than 1%. Conversely, machinery fell by 2.05%.
Most of the top market capitalization stocks rose, with Samsung Electronics trading at 75,500 KRW, up 2,000 KRW (2.72%) from the previous trading day. Hyundai Motor and Kia rose 5.93% and 3.40% respectively. Samsung Biologics, Samsung SDI, and LG Chem increased more than 2%, while LG Energy Solution, Celltrion, and NAVER also rose more than 1%. On the other hand, KB Financial declined by 0.88%.
The KOSDAQ index recorded 846.00, up 6.02 points (0.72%) from the previous trading day.
By investor type, foreigners and institutions net sold 2.2 billion KRW and 10.7 billion KRW respectively, while individuals net sold 3.8 billion KRW.
By sector, textile and apparel and digital content sectors rose more than 2%. Non-metallic minerals, transportation equipment parts, paper and wood, telecommunications equipment, chemicals, machinery equipment, IT parts, and pharmaceuticals all increased more than 1%. Conversely, broadcasting services, general electrical and electronics, and computer services sectors showed slight declines.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
Among the top market capitalization stocks, EcoPro BM traded at 191,000 KRW, down 1,200 KRW (0.63%) from the previous trading day. HLB fell 4.74%, and HPSP declined 2.47%. Additionally, Rino Industrial and Solbrain dropped more than 1%. Conversely, Silicon투 rose 10.33%, and Rainbow Robotics and Celltrion Pharm also increased more than 1%.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.