KOSPI Battles Around 2600 During Trading... Individuals 'Buy', Foreigners and Institutions 'Sell'

Fluctuating Narrowly Around 2600 Level
Mixed Trends Among Top Market Caps, Korea Zinc Ranks 11th
Bio Sector Strong in Both KOSPI and KOSDAQ

The KOSPI is battling around the 2600 level during the session.

[Image source=Yonhap News]

On the 29th, the KOSPI is trading at 2604.57, down 7.86 points (0.30%) from the previous close. The index opened at 2606.94, down 5.49 points, reached a high of 2610.90, then turned downward. It briefly fell below the 2600 level, hitting a low of 2595.86. Currently, it is fluctuating narrowly around the 2600 level.

By investor type, individual investors are buying alone with net purchases of 171.2 billion KRW. Meanwhile, foreign investors and institutions are net sellers, offloading 113.1 billion KRW and 47.3 billion KRW respectively. Among the top 10 market cap stocks, except for Samsung Biologics (1.13%) and Celltrion (1.07%), none have gained more than 1%. LG Energy Solution (-2.52%), Hyundai Motor (-1.77%), Kia (-1.68%), and POSCO Holdings (-1.57%) have all fallen more than 1%. Korea Zinc, which is in a management dispute, rose 4.38%, narrowing the market cap gap with 10th-ranked POSCO Holdings to within 500 billion KRW.

The KOSDAQ index is trading at 736.52, down 3.96 points (0.53%) from the previous day.

By investor type, individuals bought 87.8 billion KRW, while foreign investors and institutions sold 62.5 billion KRW and 24.8 billion KRW respectively.

616 stocks closed higher, 913 stocks closed lower, and 150 stocks were unchanged. The top market cap stocks on KOSDAQ such as Alteogen (1.32%), Rigachem Bio (0.94%), Hugel (2.83%), and Classys (0.78%) are rising. Meanwhile, Ecopro BM (-0.93%) and Ecopro (-2.55%) are showing weakness.

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