Santa Rally Fades as KOSPI Retreats to 2440 Level Without Gaining Strength

Despite Institutional Net Buying, Differentiation by Stock
Samsung Electronics and Hyundai Motor Rise, LG Energy Solution and Samsung Biologics Fall
KOSDAQ Slightly Up Amid Strength in Alteogen and Rainbow Robotics

On the day before the Christmas market holiday, the KOSPI ultimately closed lower.

Yonhap News

On the 24th, the KOSPI closed at 2440.52, down 0.06% (1.49 points) from the previous trading day. Starting at 2450.55, up 8.54 points from the previous day, the KOSPI reached an early high of 2452.85 before tracing a downward curve. It eventually fell below the previous day's closing price of 2442.01 in the morning, turning negative. Although it attempted to rebound in the afternoon, heavy selling pressure toward the end of the session prevented it from reclaiming 2442.01, closing below that level.

By investor type, institutions were the sole net buyers with 22 billion KRW. In contrast, individuals and foreigners were net sellers of 95.7 billion KRW and 17.2 billion KRW, respectively.

By sector, real estate (1.44%), metals (0.92%), and non-metallic minerals (0.55%) showed strength. Meanwhile, chemicals (-1.05%), entertainment and culture (-1.02%), textiles and apparel (-0.99%), and electric and gas utilities (-0.67%) were weak.

392 stocks rose, 485 stocks fell, and 65 stocks closed unchanged. Among the top 10 market capitalization stocks, Samsung Electronics (1.68%), Hyundai Motor (0.70%), Celltrion (0.26%), NAVER (0.75%), and Shinhan Financial Group (0.20%) gained. LG Energy Solution (-2.51%), Samsung Biologics (-1.16%), and SK Hynix (-0.65%) saw their share prices decline.

Researchers Lee Jaewon and Cho Mingyu of Shinhan Investment Corp. stated, "Foreign investors withdrew due to interest rates and a strong dollar," adding, "With no special issues to reverse the index this week, the high interest rate and strong dollar environment continues to limit the index's upside."

The KOSDAQ index closed at 680.11, up 0.78 points (0.13%) from the previous day.

By investor type, institutions purchased 97.2 billion KRW. Individuals and foreigners were net sellers of 69.6 billion KRW and 6.8 billion KRW, respectively.

602 stocks rose, 1006 stocks fell, and 95 stocks closed unchanged. Among the top 10 market capitalization stocks, Alteogen (6.86%), Rigachem Bio (6.17%), and Rainbow Robotics (8.09%) showed particularly strong gains. Conversely, EcoPro (-2.54%) and Samchundang Pharm (-8.14%) closed lower.

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