Individual and Foreign 'Saja' Boost Recapture of 3100... Institutions Alone 'Selling'

[Image source=Yonhap News]

[Asia Economy Reporter Lee Seon-ae] On the 3rd, the domestic stock market experienced a tug-of-war between individual and foreign investors' 'buying' and institutional investors' 'selling'.

On that day, the KOSPI closed higher at 3,129.68, up 32.87 points (+1.06%) from the previous trading day (3,096.81). Individuals led the rise with net purchases of 132.2 billion KRW, and foreigners also contributed with net purchases of 425.8 billion KRW. Only institutions sold, with net sales of 582.3 billion KRW.

By sector, transportation equipment (+4.15%), non-metallic minerals (+3.19%), and construction (+3.11%) showed strong performance, while pharmaceuticals (-0.76%), paper and wood (-0.31%), and electric and gas utilities (-0.16%) closed lower.

Among the top 20 stocks by market capitalization, 13 showed gains. Samsung Electronics recorded a 0.24% increase to 84,600 KRW. Kia Motors saw a significant rise, closing up 9.65% at 97,700 KRW. LG Electronics (+4.43%) and Hyundai Mobis (+3.89%) also rose, while Celltrion (-2.25%), SK Innovation (-0.47%), and Samsung Electronics Preferred (-0.40%) closed lower.

The number of rising stocks on the KOSPI was 563, while 268 stocks declined.

The KOSDAQ also closed higher at 970.69, up 6.88 points (+0.71%) from the previous trading day (963.81), supported by individual buying. Individuals net purchased 150.7 billion KRW, while foreigners and institutions net sold 10.1 billion KRW and 95.8 billion KRW respectively. By sector, non-metallic (+4.63%), IT components (+3.13%), and transportation equipment and parts (+2.18%) showed strength, while pharmaceuticals (-0.99%), textiles and apparel (-0.88%), and other manufacturing (-0.63%) closed lower.

Among the top 20 stocks by market capitalization, 10 showed gains. L&F rose 10.18% to 85,500 KRW, and Com2uS (+2.75%) and Seegene (+1.91%) also gained, while Hugel (-12.99%), Genexine (-2.18%), and Celltrion Pharm (-1.49%) declined.

Robot platform company Rainbow Robotics, which was listed that day, succeeded in a 'ttasang' (opening price set at double the public offering price followed by hitting the upper limit) on its first day of trading. Auto parts stock Gooyoung Tech closed at the upper limit amid expectations related to Kia Motors' rumored collaboration with Apple Car. On the other hand, Dongbang Sunki fell to the lower limit following news that it may be designated as a management stock due to consecutive operating losses.

The number of rising stocks on the KOSDAQ was 846, including 3 stocks hitting the upper limit, while 444 stocks declined, including 2 stocks hitting the lower limit.

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