KOSPI, Institutions and Foreigners vs Individuals... Midday Battle for 2400 Level
The KOSPI index is fluctuating within a narrow range as selling pressure from institutions and foreigners is offset by buying from individuals.
As of 10:53 AM on the 2nd, the KOSPI index is trading at 2399.34, down 0.01% from the previous day.
By investor type, institutions and foreigners are net sellers of 140.2 billion KRW and 103.3 billion KRW respectively, while individuals are net buyers of 224 billion KRW. In the futures market, institutions and individuals are net buyers of 236.4 billion KRW and 42.4 billion KRW respectively, whereas foreigners are net sellers of 263.8 billion KRW.
Sector performance is mixed. Transportation and warehousing is up 3.32%, machinery equipment 3.03%, transportation equipment 2.35%, real estate 1.34%, telecommunications 1.03%, entertainment and culture 0.91%, medical precision 0.67%, paper and wood 0.82%, construction 0.67%, textiles and apparel 0.5%, and finance 0.55% are showing strength. On the other hand, IT services are down 1.51%, pharmaceuticals -1.54%, electric and gas -1.47%, and chemicals -0.97% are declining.
Top market capitalization stocks are also mixed. Samsung Electronics is down 0.75%, SK Hynix -1.84%, LG Energy Solution -0.57%, Samsung Biologics -1.16%, Celltrion -2.99%, and NAVER -2.61% are falling. Meanwhile, Hyundai Motor is up 0.47%, Kia 0.4%, KB Financial 2.29%, and HD Hyundai Heavy Industries 1.91% are gaining.
At the same time, the KOSDAQ index is showing strength. The KOSDAQ index is trading at 684.08, up 0.86% from the previous day. By investor type, institutions and individuals are net buyers of 3.8 billion KRW and 105.6 billion KRW respectively, while foreigners are net sellers of 107.4 billion KRW.
Top market capitalization stocks on KOSDAQ are mixed. Alteogen is down 1.62%, EcoPro BM -4.09%, EcoPro -3.3%, Hugel -4.99%, Shinseong Delta Tech -1.38%, and Enchem -0.9% are weak. Conversely, HLB is up 1.09%, Rainbow Robotics 29.99%, Ligachem Bio 2.2%, Samchundang Pharmaceutical 1.55%, Classys 8.08%, Lino Industrial 4.65%, and Pharma Research 2.1% are rising.
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Meanwhile, in the Seoul foreign exchange market, the KRW-USD exchange rate is trading at 1468.5 KRW, down 3.8 KRW from the previous day.
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