KOSPI Opens Above 3,270 With Gains... KOSDAQ Also Starts Firm
On September 10, both the KOSPI and KOSDAQ markets opened with modest gains.
As of 9:04 a.m. on this day, the KOSPI stood at 3,278.83, up 0.58% from the previous trading day. The index began at 3,272.20, a 0.37% increase from the previous session, and has continued to climb.
By investor type, individuals and foreign investors are leading the upward trend by purchasing 36.9 billion won and 22.2 billion won, respectively. In contrast, institutions are alone in selling off 60 billion won.
Most sectors are on the rise. The order is as follows: electricity and gas (1.38%), electrical and electronics (1.01%), non-metallic minerals (0.99%), IT services (0.94%), finance (0.96%), machinery and equipment (0.89%), insurance (0.86%), manufacturing (0.69%), construction (0.62%), securities (0.60%), and distribution (0.53%). However, telecommunications (-0.61%), chemicals (-0.06%), and textiles and apparel (-0.03%) are declining.
Among the top 10 stocks by market capitalization, performances are mixed. Samsung Electronics (0.42%), SK Hynix (2.43%), Hanwha Aerospace (1.90%), Hyundai Motor (0.46%), KB Financial Group (1.36%), and Kia (0.28%) are rising, while LG Energy Solution (-0.43%) and HD Hyundai Heavy Industries (-0.60%) are falling.
At the same time, the KOSDAQ is trading at 830.90, up 0.74% from the previous session. The index started at 828.40, a 0.43% increase from the previous trading day, and continues to show an upward trend.
Individuals are net buyers of 25.8 billion won, while foreign investors and institutions are net sellers of 19.8 billion won and 5 billion won, respectively.
Many sectors in the KOSDAQ market are also showing gains. These include non-metallic minerals (1.94%), telecommunications (1.73%), entertainment and culture (1.61%), machinery and equipment (1.53%), IT services (1.22%), metals (0.78%), distribution (0.70%), manufacturing (0.68%), and electrical and electronics (0.67%). Only construction (-0.10%) and textiles and apparel (-0.05%) are declining.
Hot Picks Today
"Stock Set to Double: This Company Smiles Every...
- "Is Yours Just Gathering Dust at Home? Millennials & Gen Z Rediscover Digicams O...
- "Continuous Groundwater Pumping Causes Mexico City to Sink 24cm Annually... 'Gia...
- "I Take Full Responsibility"... Seongjae Ahn Issues Direct Apology for 'Wine Swi...
- “She Shouted, ‘The Rope Isn’t Tied!’... Chinese Woman Falls from 168m Cliff ...
Among the top market capitalization stocks, Alteogen (1.68%), PharmaResearch (0.89%), Rainbow Robotics (2.15%), HLB (0.39%), and Samchundang Pharm (1.73%) are rising. On the other hand, EcoPro BM (-1.27%), Peptron (-0.68%), EcoPro (-0.30%), ABL Bio (-0.97%), and LIG ChemBio (-0.07%) are declining.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.