KOSPI Rises on Foreign and Institutional Net Buying... "Touches 2630 Level Intraday"
The KOSPI is rising on the back of net purchases by foreigners and institutions. It even recovered the 2630 level during the session.
As of 10:37 a.m. on the 18th, the KOSPI stood at 2625.36, up 14.67 points (0.56%) from the previous trading day.
On this day, the index rose to as high as 2638.56 as foreigners and institutions started net buying from the early session.
By investor type, foreigners and institutions net bought 390.4 billion KRW and 104.3 billion KRW, respectively. Meanwhile, individuals net sold 492.3 billion KRW.
By sector, machinery & equipment, insurance, and securities are up more than 1%. Conversely, entertainment & culture and medical & precision sectors are down more than 1%.
Among the top market capitalization stocks, Samsung Electronics traded at 58,300 KRW, up 700 KRW (1.22%) from the previous trading day. Hanwha Ocean surged 6.03%, and KB Financial and LG Energy Solution also rose more than 1%. On the other hand, Kia fell 3.34%.
The KOSDAQ recorded 743.49, down 0.02 points from the previous trading day.
By investor type, foreigners and institutions net sold 93.4 billion KRW and 12.1 billion KRW, respectively. Meanwhile, individuals net bought 121.3 billion KRW.
By sector, entertainment & culture fell 1.50%, and textiles & apparel and non-metal sectors also showed slight declines. Conversely, pharmaceuticals, medical & precision, transportation equipment & parts, and metals sectors are on the rise.
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Among the top market capitalization stocks, Alteogen traded at 430,500 KRW, down 9,000 KRW (2.05%) from the previous trading day. Boronoi rose 5.26%, and Classys jumped 2.50%. Along with these, HLB, Kolon TissueGene, and Pharma Research rose more than 1%. Meanwhile, Hugel and Rigakem Bio fell more than 1%.
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