KOSPI Recovers to 3,950 on Foreign and Institutional Buying; KOSDAQ Slightly Lower
On the morning of December 2, the KOSPI recovered the 3,950 level in early trading, buoyed by strong performance in semiconductor stocks.
As of 9:20 a.m. on this day, the KOSPI was trading at 3,957.81, up 37.44 points (0.96%) from the previous day. Earlier, the index opened at 3,939.09, up 18.72 points (0.48%) from the previous session, and has continued to gain momentum.
While individual investors sold a net 263.3 billion won, foreign investors and institutions each bought a net 155.6 billion won and 124.1 billion won, respectively. In the KOSPI 200 futures market, foreign investors were net buyers of 149.2 billion won, while individuals and institutions were net sellers of 48 billion won and 131.2 billion won, respectively.
Among the top KOSPI stocks by market capitalization, most were on the rise. Hyundai Motor climbed 4.32%, KB Financial Group rose 3.17%, SK Hynix gained 2.60%, Kia advanced 2.40%, Doosan Enerbility increased 1.34%, HD Hyundai Heavy Industries was up 0.97%, and Samsung Electronics rose 0.79%. In contrast, Celltrion fell 0.91%.
At the same time, the KOSDAQ was trading at 915.42, down 6.96 points (0.75%) from the previous day. The index had opened at 921.37, down 1.01 points (0.11%), and has since extended its losses. Foreign investors were net sellers of 169.3 billion won, while individuals and institutions were net buyers of 144.5 billion won and 28.4 billion won, respectively.
Among the top KOSDAQ stocks by market capitalization, most were declining. Peptron dropped 13.07%, Kolon TissueGene fell 5.73%, LIG ChemBio lost 3.93%, Ecopro was down 2.69%, Alteogen declined 2.40%, ABL Bio fell 1.93%, Ecopro BM slid 1.64%, and Samchundang Pharm dropped 1.11%. However, HLB was up 2.37%.
By sector, transportation (+5.71%), automobiles (+3.65%), and electrical equipment (+3.04%) were strong performers. In contrast, healthcare services (-7.19%), biotechnology (-3.01%), and healthcare technology (-2.48%) sectors were weak.
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On the Seoul foreign exchange market, the Korean won opened at 1,471.0 won per U.S. dollar, up 1.1 won from the previous week's closing price (as of 3:30 p.m.).
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