The KOSPI started the day with gains but reversed course due to selling pressure from foreign and institutional investors. While individual investors stepped in to buy, limiting the decline, the index fluctuated around the 6,680 mark.
According to the Korea Exchange, as of 9:08 a.m., the KOSPI was down 6.14 points (0.09%) at 6,684.48. The index opened at 6,806.27, up 115.65 points (1.73%) from the previous trading day, but subsequently gave up those gains and turned lower, hovering around the 6,680 level.
In the securities market, foreign and institutional investors sold a net 418.4 billion won and 59.1 billion won, respectively, taking profits. In contrast, individual investors bought a net 472.3 billion won, helping to support the index.
Among the top market capitalization stocks in the KOSPI, mixed performance was observed. Samsung Electronics rose 1.20%, SK Hynix gained 0.17%, Samsung Electro-Mechanics increased by 0.30%, and KB Financial climbed 1.46%. However, Hyundai Motor fell 0.12%, Samsung Biologics dropped 0.07%, and Samsung Life Insurance decreased by 1.42%.
At the same time, the KOSDAQ index was trading at 757.17, up 8.95 points (1.20%) from the previous day. The index opened at 760.54, up 12.32 points (1.65%), but later retraced some of its gains.
In the KOSDAQ market, both individual and institutional investors bought a net 13.2 billion won each, while foreign investors sold a net 25.7 billion won.
Top stocks in the KOSDAQ also showed mixed trends. Alteogen rose 2.50%, EcoPro increased by 3.33%, EcoPro BM gained 2.86%, Rainbow Robotics climbed 4.06%, JUSUNG Engineering rose 4.89%, LinoTech increased by 0.73%, and IBL Bio gained 1.24%. Conversely, Wonik IPS fell 0.50%, and HLB dropped 1.12%.
* This article has been translated by AI.
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