Both Markets Hold Firm... KOSPI Stays Above 3,200
KOSDAQ Rises to 827 Level
Bio Stocks Lead the Gains
Both the KOSPI and KOSDAQ indices showed slight gains in early trading.
On July 22, the KOSPI opened at 3,210.12, down 0.02% from the previous day. It soon reversed course and returned to positive territory, remaining above the 3,200 level with a modest upward trend.
By investor type, foreign investors and institutions recorded net sales of 220.5 billion won and 174.4 billion won, respectively. Individual investors recorded net purchases of 411.3 billion won.
Performance varied by sector. Electric and gas (2.47%), chemicals (0.97%), telecommunications (0.91%), and pharmaceuticals (0.68%) saw gains. In contrast, machinery and equipment (-2.29%), construction (-1.56%), and securities (-0.49%) declined.
Among the top 10 stocks by market capitalization, LG Energy Solution posted the largest gain at 2.1%. This was followed by Samsung Biologics (0.5%), Celltrion (0.2%), and Samsung Electronics (0.1%). Doosan Enerbility (-3.0%), SK Hynix (-1.1%), KB Financial Group (-0.4%), Kia (-0.3%), and Hanwha Aerospace (-0.2%) declined.
The KOSDAQ opened at 822.33, up 0.08% from the previous day. By 9:27 a.m., it had risen further to 827.28.
Foreign investors and institutions also showed net selling in the KOSDAQ market, with net sales of 31.2 billion won and 23.4 billion won, respectively. Individual investors recorded net purchases of 78.7 billion won.
By sector, paper and wood products posted a standout gain of 9.81%. This was followed by general services (1.87%), other manufacturing (1.85%), pharmaceuticals (1.29%), and transportation equipment and parts (1.11%). Machinery and equipment (-0.57%), entertainment and culture (-0.43%), and transportation and storage (-0.39%) declined.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
All of the top 10 KOSDAQ stocks by market capitalization were up. RIGAChemBio (3.7%), Alteogen (2.8%), PharmaResearch (1.7%), Hugel (1.4%), Ecopro (1.0%), HLB (0.8%), and Samchundang Pharm (0.8%) posted the largest gains in that order.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
