KOSPI Recovers to 2600 Level on Institutional and Foreign Buying... Samsung Electronics Holds 60,000 Won

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The KOSPI index recovered to the 2600 level, supported by net buying from institutions and foreigners.

On the 7th, the KOSPI index closed at 2610.38, up 40.67 points (1.58%) from the previous day. Trading volume was 336.29 million shares, and the trading value was tentatively estimated at 10.2239 trillion won.

By investor type, institutions and foreigners net bought 86 billion won and 12.3 billion won respectively, while individuals net sold 129.7 billion won. Program trading saw a net sale of 56.4 billion won in arbitrage trading and a net purchase of 234.9 billion won in non-arbitrage trading.

Influenced by the strong performance of the New York stock market last Friday, the KOSPI index started higher but moved in a narrow range early in the session due to net selling by institutions and foreigners. Samsung Electronics briefly fell below 60,000 won during the session. However, in the latter part of the session, strong buying by institutions and net buying of spot and futures by foreigners helped the index close higher.

Most sectors rose. The machinery sector rose 3.32%, steel and metals 2.5%, electrical and electronics 2.37%, chemicals 2.14%, manufacturing 1.97%, transportation equipment 1.59%, finance 1.57%, food and beverages 1.38%, insurance 1.33%, distribution 1.26%, medical precision 1.08%, non-metallic minerals 0.77%, and paper and wood 0.63% all showed strength. On the other hand, the electricity and gas sector fell 0.66%, transportation and warehousing -0.51%, and services -0.44%.

Most of the top market capitalization stocks rose. Samsung Electronics increased by 0.66%, SK Hynix 6.2%, LG Energy Solution 4.09%, Samsung Biologics 0.2%, Hyundai Motor 3.13%, Celltrion 0.42%, Kia 2.45%, KB Financial 5.69%, POSCO Holdings 2.71%, and Shinhan Financial Group 1.09%. Meanwhile, NAVER fell 2.69%, and Samsung C&T and Hyundai Mobis also showed weakness.

The KOSDAQ index also recorded gains on the day. The KOSDAQ index closed at 781.01, up 12.03 points (1.56%) from the previous day. By investor type, institutions and foreigners net bought 10 billion won and 76.2 billion won respectively, while individuals net sold 82.5 billion won.

Most of the top market capitalization stocks rose. Alteogen increased 0.98%, EcoPro BM 5.07%, EcoPro 2.46%, Enchem 3.3%, Ligachem Bio 0.56%, Classys 7.96%, Hugel 0.58%, and Lino Industrial 0.15%. On the other hand, HLB showed a slight decline of 0.93%, Samchundang Pharmaceutical fell 2.44%, and Celltrion Pharm dropped 0.29%.

Meanwhile, in the Seoul foreign exchange market, the won/dollar exchange rate is trading at 1,346.8 won, down 2.5 won from the previous day.

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