KOSPI Reclaims 3,200 on Foreign Buying; KOSDAQ Gains Over 1%

KOSPI Reclaims 3,200 on Foreign Buying
KOSDAQ Also Rises Over 1% as Most Sectors Gain

On September 4, the KOSPI closed higher, reclaiming the 3,200 level, buoyed by foreign investor buying. The KOSDAQ also showed a strong performance, rising by over 1%.

Yonhap News Agency

On this day, the KOSPI finished trading at 3,200.83, up 0.52% from the previous session. The index opened at 3,188.84, up 0.14% from the previous day, and fluctuated around the 3,200 mark throughout the session.

Foreign investors led the upward momentum by purchasing 130.3 billion won worth of stocks. Meanwhile, individual investors and institutions sold 185.1 billion won and 49.8 billion won, respectively.

Most sectors closed higher. Medical and precision instruments (2.40%), construction (1.84%), chemicals (1.79%), distribution (1.50%), electricity and gas (1.45%), IT services (1.35%), textiles and apparel (1.13%), securities (1.02%), telecommunications (0.87%), metals (0.73%), and electrical and electronic equipment (0.53%) all posted gains in that order. Only transportation equipment and parts (-0.05%) and insurance (-0.19%) recorded slight declines.

Among the top 10 stocks by market capitalization, Samsung Electronics (0.43%), SK Hynix (1.14%), LG Energy Solution (0.72%), Samsung Biologics (0.49%), and HD Hyundai Heavy Industries (0.99%) rose. In contrast, Hanwha Aerospace (-1.06%) and KB Financial Group (-1.54%) fell. Hyundai Motor and Kia closed unchanged.

On the same day, the KOSDAQ closed at 805.42, up 1.08% from the previous session. The index started at 799.53, up 0.34%, and quickly surpassed the 800 mark, maintaining a similar trend throughout the day.

Foreign investors and institutions bought 86.3 billion won and 33.7 billion won worth of stocks, respectively, while individual investors recorded a net sell of 106 billion won.

By sector, metals (1.79%), machinery and equipment (1.56%), distribution (1.53%), medical and precision instruments (1.38%), chemicals (1.28%), paper and wood (1.19%), transportation equipment and parts (1.14%), construction (1.06%), and manufacturing (1.05%) showed strong gains. Transportation and storage (-1.65%), food, beverage and tobacco (-0.20%), publishing and media replication (-0.18%), textiles and apparel (-0.09%), and telecommunications (-0.06%) declined.

Among the leading stocks by market capitalization, Alteogen (0.86%), Ecopro (0.40%), Rainbow Robotics (1.45%), HLB (0.38%), and Samchundang Pharm (4.38%) closed higher, while Ecopro BM (-0.34%), Peptron (-0.33%), Legochem Bio (-1.45%), and ABL Bio (-1.44%) ended lower.

Kim Ji-won, a researcher at KB Securities, analyzed, "In the short term, U.S. employment data will be a key variable, and until the results of the Federal Open Market Committee (FOMC) and the Federal Reserve's monetary policy path are confirmed, it is inevitable that the market will continue to move within a box range. A calm approach is necessary."

This content was produced with the assistance of AI translation services.