KOSPI Fluctuates Around 8,700 as Foreign Investors and Institutions Buy

On June 16, the KOSPI and KOSDAQ indices are displayed on the board at Hana Bank's dealing room in Jung-gu, Seoul. The KOSPI opened at 8,696.55, up 150.57 points (1.76%) from the previous trading day, while the KOSDAQ rose 4.97 points (0.48%) to 1,039.00. Photo: Yonhap News

The KOSPI is showing an upward trend, recovering to the 8,750 level amid expectations of peace between the U.S. and Iran. In contrast, the KOSDAQ is experiencing a downward trend, resulting in mixed market conditions.

According to the Korea Exchange, as of 1:24 PM, the KOSPI index has risen by 188.77 points (2.21%) to 8,734.75. The index started the day at 8,696.55, up 150.57 points (1.76%) from the previous session, but briefly dipped by 5.57 points (0.07%) before turning upward. At the same time, individual investors are selling off 1.3167 trillion won, while foreign and institutional investors are purchasing 552.8 billion won and 775.1 billion won, respectively.

In the KOSPI market, the top stocks by market capitalization are showing mixed results. Doosan Enerbility (up 4.71%), SK Square (up 4.10%), SK Hynix (up 3.76%), Samsung Electro-Mechanics (up 2.20%), Samsung Electronics (up 1.93%), and Kia (up 1.43%) are all gaining. Conversely, LG Energy Solution (down 2.14%), HD Hyundai Heavy Industries (down 1.12%), Hyundai Motor (down 0.93%), and Samsung C&T (down 0.30%) are experiencing losses. Samsung Life (up 0.47%) and Samsung Biologics (up 0.38%) are holding steady.

As of 1:28 PM, the KOSDAQ index is trading at 1,016.72, down 17.31 points (1.67%). The index opened at 1,039.00, up 4.97 points (0.48%), but has since turned downward, increasing its losses.

In the KOSDAQ market, individual investors are buying 695.9 billion won, while foreign and institutional investors are selling 356.1 billion won and 318.5 billion won, respectively.

Most of the top stocks by market capitalization in the KOSDAQ are declining. Notably, HPSP is plummeting by 17.25%. Other stocks such as Wonik IPS (down 8.60%), IOTech (down 6.78%), HLB (down 5.71%), Rainbow Robotics (down 3.33%), EcoPro BM (down 2.36%), Rino Industrial (down 2.27%), EcoPro (down 1.21%), Samchundang Pharmaceutical (down 0.56%), and Juseong Engineering (down 0.22%) are all experiencing declines. In contrast, Alteogen (up 0.14%) and Kolon TissueGene (up 0.19%) are showing slight gains.

* This article has been translated by AI.