KOSPI Recovers to 2470 Level on Institutional Buying... KOSDAQ Also Rises
The KOSPI recovered to the 2470 level, supported by institutional buying. The KOSDAQ is also rising.
As of 9:30 AM on the 2nd, the KOSPI recorded 2470.37, up 0.59% compared to the previous trading day.
By investor type, institutions are net buyers with 164.9 billion KRW. On the other hand, individuals and foreigners are net sellers with 119.6 billion KRW and 45.2 billion KRW, respectively.
By sector, Steel & Metals rose 6.27%. Meanwhile, Electric & Gas, Textile & Apparel, and Construction sectors are in slightly negative territory.
Among the top market capitalization stocks, Samsung Electronics is trading at 53,800 KRW, down 400 KRW (0.74%) from the previous trading day. In contrast, Korea Zinc surged 15.34%. Kia and LG Energy Solution also rose more than 2%. Most of the top market capitalization stocks, except Samsung Electronics, are on an upward trend.
The KOSDAQ recorded 682.36, down 0.61%.
By investor type, individuals are net sellers with 67.2 billion KRW. Meanwhile, foreigners and institutions are net buyers with 58.4 billion KRW and 12.5 billion KRW, respectively.
By sector, Chemicals, Other Services, Entertainment & Culture, and General Electric & Electronics rose more than 1%. Meanwhile, Textile & Apparel, Non-metallic, and Machinery & Equipment sectors are slightly down.
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Among the top market capitalization stocks, Alteogen traded at 295,500 KRW, up 15,500 KRW (5.54%) from the previous trading day. Enchem surged 15.80%. Meanwhile, Hugel fell 4.42%. Classys and HLB are in slightly negative territory.
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