KOSPI Closes Up 1.7% on Net Buying by Foreigners and Institutions

by Jang Hyowon

Published 19 Feb.2025 16:05(KST)

Yonhap News

The KOSPI index closed higher, supported by net purchases from foreigners and institutions.

On the 19th, the KOSPI index closed at 2,671.52, up 44.71 points (1.7%) from the previous day. The trading volume for the day was 519.07 million shares, and the trading value was tentatively estimated at 14.6779 trillion KRW.

By investor type, institutions and foreigners net bought 780.8 billion KRW and 395.4 billion KRW respectively, while individuals net sold 1.2225 trillion KRW. Program trading saw net purchases of 61.8 billion KRW in arbitrage trading and 417.6 billion KRW in non-arbitrage trading.

Most sectors rose. The electrical and electronics sector increased by 3.22%, metals by 2.51%, manufacturing by 2.12%, transportation equipment by 2.04%, general services by 1.87%, telecommunications by 1.49%, distribution by 1.42%, paper and wood by 1.4%, medical precision by 1.2%, chemicals by 1.17%, securities by 1.15%, and IT services by 1.02%. Conversely, the textile and apparel sector fell by 1.04%, pharmaceuticals by 0.91%, and construction by 0.89%.

Most of the top market capitalization stocks also rose. Supported by the strong performance of the semiconductor sector in the New York stock market the previous day, Samsung Electronics and SK Hynix closed up 3.16% and 4.05%, respectively. LG Energy Solution rose 4.42%, Hyundai Motor 1.75%, Celltrion 0.17%, Kia 1.17%, KB Financial 0.12%, and HD Hyundai Heavy Industries 4.68%. On the other hand, Samsung Biologics fell 1.62%, and NAVER closed near the flat line.

On the day, 575 stocks rose in the KOSPI market, 306 stocks fell, and 60 stocks remained unchanged. One stock hit the upper price limit.

The KOSDAQ index also closed higher. The KOSDAQ index ended at 778.27, up 4.62 points (0.6%) from the previous day. By investor type, institutions and individuals net bought 13.5 billion KRW and 78.8 billion KRW respectively, while foreigners net sold 82.9 billion KRW.

The top market capitalization stocks showed mixed movements. Alteogen fell 2.03%, Rainbow Robotics -1.8%, Rigachem Bio -4.08%, Classys -1.59%, Lino Industrial -1.5%, and Kolon TissueGene -5.91% were weak. Meanwhile, EcoPro BM rose 5.3%, HLB 0.34%, EcoPro 3.24%, Samchundang Pharmaceuticals 0.84%, and Hugel 1.79% closed strong.