KOSPI Holds Firm Above 2600... KOSDAQ Turns Weak
On the 26th, the domestic stock market showed mixed trends around the flat range in the early session.
As of 9:30 a.m., the KOSPI was trading at 2,625.26, up 9.45 points (0.36%) from the previous day. The index opened at 2,628.09, up 12.28 points (0.47%). Individual investors sold a net 106.2 billion KRW, while foreigners and institutions bought 31 billion KRW and 77.5 billion KRW, respectively.
Top market capitalization stocks also showed mixed trends. Dongseo (5.37%), LG Innotek (4.54%), APR (3.92%), LG Chem (3.18%), Lotte Chemical (3.17%), and Netmarble (3.11%) rose, but Samsung Card (-6.79%), HD Hyundai Electric (-3.89%), SK Biopharm (-2.79%), Orion (-2.27%), and Yuhan Corporation (-2.07%) declined.
By sector, non-ferrous metals (2.09%), automobiles (2.01%), electrical products (1.20%), chemicals (1.20%), and trading companies (1.09%) were on the rise. Meanwhile, life sciences (-1.97%), other finance (-1.72%), electrical equipment (-1.56%), shipbuilding (-1.12%), and pharmaceuticals (-1.11%) sectors were falling.
At the same time, the KOSDAQ was trading at 709.16, down 2.10 points (0.30%). The index opened at 714.36, up 3.10 points (0.44%), but soon turned bearish. While individual and institutional investors bought net amounts of 17.6 billion KRW and 7.3 billion KRW respectively, foreigners sold 24.8 billion KRW alone.
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Among the top market cap stocks, HiGen R&M (4.01%), Lunit (2.90%), Taesung (2.53%), Medyion (2.31%), and Philoptics (1.90%) were rising. Naturecell (-7.80%), ABL Bio (-5.90%), Voronoi (-5.20%), GemVax (-4.72%), and GI Innovation (-4.55%) saw their stock prices decline.
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