The KOSPI index rebounded from an early drop, recovering above the 8700 mark. Despite over 5 trillion won in foreign selling pressuring the index, substantial buying by retail and institutional investors provided support.
As of 1:25 p.m. on June 4, the KOSPI was down 96.62 points (-1.10%) at 8704.87, having previously fallen to 8577.30 during the session.
In the main market, retail and institutional investors recorded net purchases of 4.06 trillion won and 1.33 trillion won, respectively, while foreign investors sold off 5.51 trillion won to realize profits.
Large-cap stocks showed mixed performance. Samsung C&T surged by 12.05%, while SK Square rose by 1.41%. Conversely, Samsung Life (-12.19%), Samsung Electronics preferred shares (-3.89%), LG Energy Solution (-3.84%), Samsung Electro-Mechanics (-3.31%), Hyundai Motor (-3.02%), SK Hynix (-2.80%), HD Hyundai Heavy Industries (-2.67%), and Samsung Electronics (-0.55%) faced declines.
The KOSDAQ index, at the same time, rose by 33.24 points (3.24%) to 1059.27. In the KOSDAQ market, institutional and foreign investors net bought 233.9 billion won and 24.1 billion won, respectively, while retail investors net sold 250.7 billion won.
Among the top KOSDAQ stocks, gainers outnumbered losers. JUSUNG Engineering surged by 25.70%, followed by Rino Technology (7.65%), Samchundang Pharmaceutical (5.63%), EcoPro (3.61%), HLB (1.92%), EcoPro BM (1.52%), Kolon TissueGene (1.48%), and Peptron (1.48%). In contrast, Rainbow Robotics (-4.85%) and Alteogen (-1.12%) saw declines.
* This article has been translated by AI.
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