KOSPI, Institutions vs Individuals... Strong Slightly Firm Trend During Trading Session
The KOSPI index is moving within a firm range during the session as institutional investors are net sellers while individual investors are net buyers.
As of 10:35 AM on the 2nd, the KOSPI index is trading at 2677.8, up 0.13% from the previous day.
By investor type, institutions are net selling 245.9 billion KRW, whereas foreigners and individuals are net buying 30.9 billion KRW and 215.4 billion KRW respectively. In the futures market, institutions are net buying 285.8 billion KRW, while foreigners and individuals are net selling 247.5 billion KRW and 60.2 billion KRW respectively.
Sector performance is mixed. Steel and metals are up 3.62%, chemicals 1.38%, electrical and electronics 1.04%, insurance 0.6%, securities 0.56%, telecommunications 0.26%, and manufacturing 0.18%. On the other hand, medical precision is down 3.31%, pharmaceuticals -2.44%, transportation equipment -2.03%, machinery -1.55%, non-metallic minerals -1.51%, electricity and gas -1.2%, and textiles and apparel -1.13%.
Among the top market capitalization stocks, performance is also mixed. Samsung Electronics remains flat, SK Hynix is down 1.04%, Samsung Biologics -2.14%, Hyundai Motor -3.72%, Celltrion -2.86%, and Kia -0.19%. Meanwhile, LG Energy Solution is up 6.31%, KB Financial 1.05%, POSCO Holdings 6.47%, and Samsung SDI 4.94%.
The KOSDAQ index, which started the day higher, reversed to a decline during the session. The KOSDAQ index is trading at 765.56, down 0.27% from the previous day. By investor type, institutions and foreigners are net sellers of 16.7 billion KRW and 85.8 billion KRW respectively, while individuals are net buyers of 112.5 billion KRW.
Among the top market capitalization stocks, EcoPro BM and EcoPro are up 7.78% and 5.49% respectively, Enchem 2.66%, Samchundang Pharmaceutical 0.32%, and Rainbow Robotics 1.11%. Conversely, Alteogen is down 1.72%, HLB -1.0%, Ligacim Bio -1.24%, Hugel -4.4%, and Classys -2.09%.
Hot Picks Today
"Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Lee Jun-seok: "People Power Party's Armchair Politics... Reform Party Will Keep Running Until the End"
- Experts Already Watching Closely..."Target Price Set at 970,000 Won" Only Upward Momentum Remains [Weekend Money]
Meanwhile, in the Seoul foreign exchange market, the KRW/USD exchange rate is trading at 1337.0 KRW, down 0.5 KRW from the previous day.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.