KOSPI Hits 2750 Level on Foreign Investors' 'Buying'... Semiconductor Stocks Rise

Battery Industry Weakness

On the 25th, the index was displayed on the electronic board in the dealing room of Hana Bank in Jung-gu, Seoul. Photo by Jo Yongjun jun21@

On the 29th, the Korean stock market started higher. This was influenced by growing expectations of interest rate cuts as U.S. inflation indicators continued to slow down. The semiconductor sector showed strength, while the battery sector was weak.

As of 9:09 AM, the KOSPI was at 2,753.41, up 0.80% (21.96 points) from the previous trading day. The KOSPI opened at 2,748.32, up 0.60% (16.42 points) from the previous close.

Individuals and foreigners are leading the index with net purchases of 9.9 billion KRW and 38.5 billion KRW respectively. Institutions alone are net selling 53.4 billion KRW. In the futures market, only institutions are buying, with net purchases of 68.8 billion KRW. Individuals and foreigners are selling, with net sales of 19.5 billion KRW and 62.1 billion KRW respectively.

Among the top 10 stocks by market capitalization, Shinhan Financial Group is up 4.66%, SK Hynix +1.72%, Celltrion +1.50%, and Samsung Electronics +0.99%. Only LG Energy Solution -0.77% and POSCO Holdings -0.28% are down.

As of 9:14 AM, the KOSDAQ is trading at 802.09, up 0.57% (4.53 points) from the previous trading day. The KOSDAQ opened at 800.64, up 0.39% (3.08 points) from the previous close. Individuals and institutions are net buyers of 5.3 billion KRW and 0.9 billion KRW respectively, while foreigners are net sellers of 1 billion KRW.

Among the top 10 stocks by market capitalization, Samchundang Pharmaceutical is up 3.22%, Hugel +2.52%, Celltrion Pharm +1.83%, and Classys +1.67%. EcoPro BM -0.23%, EcoPro -0.95%, HLB -1.14%, and Enchem -0.47% are down.

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