KOSPI Closes Higher at 3190 Amid Tariff Negotiation Tensions... KOSDAQ Down
KOSPI Starts Lower, Fluctuates Below the 3200 Mark
On the 25th, the KOSPI closed higher at the 3190 level, driven by strong buying from foreign investors and institutions. The KOSDAQ, meanwhile, ended the session slightly lower.
On this day, the KOSPI finished trading at 3196.05, up 0.18% from the previous session. The index started at 3184.37, down 0.19% from the previous day, but quickly rebounded and expanded its gains throughout the session. Although some of the gains were pared back in the late session, the upward momentum was maintained.
Foreign investors and institutions purchased 268.9 billion won and 110.4 billion won, respectively, leading the upward trend. In contrast, individual investors sold a net 461.3 billion won.
By sector, IT services (1.86%), electricity·gas (1.26%), finance (1.16%), machinery·equipment (1.03%), securities (1.02%), transportation equipment·parts (0.97%), transportation·storage (0.55%), insurance (0.40%), and construction (0.16%) rose. On the other hand, textiles·apparel (-2.21%), pharmaceuticals (-1.59%), entertainment·culture (-1.51%), chemicals (-0.64%), electrical·electronics (-0.50%), and distribution (-0.40%) ended lower.
Among the top 10 stocks by market capitalization, Hanwha Aerospace (0.43%), KB Financial Group (1.37%), and Doosan Enerbility (0.76%) advanced, while Samsung Electronics (-0.15%), SK Hynix (-1.30%), LG Energy Solution (-1.22%), Samsung Biologics (-2.02%), Hyundai Motor (-0.46%), and Kia (-0.86%) closed weaker.
On the same day, the KOSDAQ closed at 806.95, down 0.36% from the previous session. The index opened at 809.43, down 0.06%, and extended losses in the latter part of the session. Institutions were net sellers of 144.2 billion won, while individuals and foreign investors were net buyers of 74.4 billion won and 93.6 billion won, respectively.
By sector, telecommunications and finance showed strong gains of 3.94% and 2.11%, respectively. IT services (1.09%), textiles·apparel (0.61%), transportation equipment·parts (0.60%), and medical·precision instruments (0.52%) also ended higher. In contrast, paper·wood (-4.02%), entertainment·culture (-1.08%), chemicals (-0.97%), pharmaceuticals (-0.82%), food·beverage·tobacco (-0.76%), construction (-0.53%), manufacturing (-0.40%), and machinery·equipment (-0.31%) declined.
Among the top 10 KOSDAQ stocks by market capitalization, Alteogen (-3.14%), PharmaResearch (-3.63%), and LIG ChemBio (-2.41%) declined, while Ecopro BM (2.32%), Ecopro (4.21%), Peptron (0.53%), HLB (0.91%), Samchundang Pharm (2.00%), and Rainbow Robotics (0.38%) showed strength.
Kim Ji-won, a researcher at KB Securities, commented, "The market fluctuated below the 3200 level amid a lack of clear direction, as investors closely monitored the progress of the US-Korea trade negotiations."
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Next week, market attention is expected to focus on whether a tariff agreement will be reached. In addition, the US Federal Open Market Committee (FOMC) monetary policy, earnings from major big tech companies such as Microsoft (MS), Meta, Apple, and Amazon, and US economic indicators are expected to act as variables.
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