KOSPI Settles Above 3,990 on 1 Trillion Won Foreign Inflow... KOSDAQ Rises for Fifth Straight Day

On December 2, the domestic stock market closed higher across the board. The KOSPI nearly reclaimed the 4,000-point mark as foreign investors returned, led by large-cap semiconductor stocks.

On this day, the KOSPI rebounded after three sessions, closing at 3,994.93, up 74.56 points (1.90%) from the previous day. The index had opened at 3,939.09, up 18.72 points (0.48%) from the previous session, and continued to expand its gains throughout the day.

Yonhap News Agency

While individual investors sold a net 1.5763 trillion won, foreign investors and institutions bought 1.2207 trillion won and 392.7 billion won, respectively, supporting the index. In the KOSPI 200 futures market, foreign investors made a net purchase of 866.2 billion won, while individuals and institutions recorded net sales of 141.3 billion won and 733.2 billion won, respectively.

Most of the top market capitalization stocks on the KOSPI closed higher. Hyundai Motor (up 4.52%), KB Financial Group (up 4.51%), Kia (up 4.19%), SK Hynix (up 3.72%), Samsung Electronics (up 2.58%), HD Hyundai Heavy Industries (up 0.97%), LG Energy Solution (up 0.48%), Samsung Biologics (up 0.30%), and Doosan Enerbility (up 0.13%) all rose. In contrast, Celltrion fell by 0.86%.

Lim Jeongeun, a researcher at KB Securities, commented, "As institutional and foreign capital flows returned to the KOSPI, a strong market was observed, centered on banks, automobiles, and semiconductors." She added, "Although Federal Reserve Chair Jerome Powell delivered a speech in the morning, the impact on the market was limited as he refrained from making comments on monetary policy due to the blackout period."

On the same day, the KOSDAQ closed at 928.42, up 6.04 points (0.65%) from the previous session, marking its fifth consecutive day of gains. The index had initially opened lower at 921.37, down 1.01 points (0.11%), and extended its losses before rebounding as institutional buying picked up. Foreign investors alone sold a net 141.6 billion won, while individuals and institutions bought a net 33.9 billion won and 133 billion won, respectively.

The KOSDAQ's top market capitalization stocks ended the day mixed. Rainbow Robotics (up 4.47%), HLB (up 4.43%), ABL Bio (up 1.58%), Ecopro (up 1.18%), Samchundang Pharm (up 0.67%), and Ecopro BM (up 0.19%) rose, while Peptron (down 8.19%), Kolon TissueGene (down 4.58%), Alteogen (down 3.87%), and LIG Chem Bio (down 1.99%) declined.

By industry, transportation (+5.89%), electrical equipment (+4.42%), and automobiles (+4.33%) finished strong, while healthcare services (-3.39%), non-ferrous metals (-2.44%), and biotechnology (-1.79%) ended weaker.

On the Seoul foreign exchange market, the weekly closing exchange rate of the Korean won against the US dollar (as of 3:30 p.m.) was 1,468.4 won, down 1.5 won from the previous session.

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