KOSPI Closes Strong on Foreign Net Buying, Settles Above 2,870
The KOSPI index closed higher, supported by net buying from foreign investors.
On June 10, the KOSPI index finished trading at 2,871.85, up 16.08 points (0.56%) from the previous day. Trading volume was estimated at 530.06 million shares, with a provisional transaction value of 13.9559 trillion won.
By investor type, institutions and foreign investors recorded net purchases of 14.1 billion won and 633.2 billion won, respectively, while individuals posted net sales of 626.8 billion won. In the futures market, institutions and foreign investors recorded net sales of 36.5 billion won and 73.1 billion won, respectively, while individuals recorded net purchases of 121.7 billion won. Program trading saw net purchases of 141.8 billion won in arbitrage trading and 381.7 billion won in non-arbitrage trading.
By industry, more sectors rose than fell. The construction sector increased by 2.98%, transportation equipment by 2.45%, paper and wood by 2.2%, machinery and equipment by 2.16%, metals by 1.86%, entertainment and culture by 1.8%, general services by 1.43%, chemicals by 1.37%, manufacturing by 0.97%, pharmaceuticals by 0.94%, and medical precision by 0.47%. In contrast, the electricity and gas sector fell by 9.34%, insurance by 2.67%, distribution by 0.72%, securities by 0.36%, and food, beverage, and tobacco by 0.16%.
Among large-cap stocks by market capitalization, more stocks rose than fell. SK Hynix rose by 0.66%, Samsung Biologics by 0.68%, LG Energy Solution by 1.23%, Hanwha Aerospace by 6.36%, KB Financial Group by 0.18%, HD Hyundai Heavy Industries by 2.15%, and Celltrion by 1.25%. On the other hand, Samsung Electronics fell by 1.0%, Hyundai Motor by 0.4%, and Kia by 0.84% to close the session weaker.
On the day, 431 stocks rose, 463 stocks fell, and 43 stocks remained unchanged.
The KOSDAQ index also closed higher. On this day, the KOSDAQ index finished trading at 771.2, up 6.99 points (0.91%) from the previous day. By investor type, foreigners and individuals posted net purchases of 5.7 billion won and 13.3 billion won, respectively, while institutions recorded net sales of 2.3 billion won.
Among large-cap stocks by market capitalization, performances were mixed. Alteogen rose by 1.42%, HLB by 2.14%, Pharmaresearch by 3.79%, Peptron by 19.79%, Hugel by 5.52%, Rigakem Bio by 3.11%, Samchundang Pharm by 0.72%, and SM by 1.95%. In contrast, Ecopro BM fell by 0.22%, Ecopro by 0.23%, Rainbow Robotics by 0.35%, ABL Bio by 1.13%, Classys by 1.54%, and Lino Industrial by 0.52%.
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Meanwhile, in the Seoul foreign exchange market, the won/dollar exchange rate is trading at 1,365.5 won, up 11.3 won from the previous day.
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