Domestic Stock Market Mixed in Narrow Range... Hyundai Motor-Related Stocks Rally
On the 25th, the domestic stock market is showing mixed trends within a narrow range.
As of 9:30 a.m. that day, the KOSPI was trading at 2,632.41, up 0.34 points (0.01%) from the previous trading day. The index started strong at 2,653.04, up 20.97 points (0.80%), but soon narrowed its gains. Foreigners and institutions sold net amounts of 78.5 billion KRW and 102 billion KRW respectively, while individuals bought 175 billion KRW worth of shares.
Among the top market capitalization stocks, Hyundai Motor Company (4.69%), which showed a direct breakthrough on tariffs with a 31 trillion KRW scale investment in the U.S. announced at the White House the previous day, is strong. Related stocks such as HD Hyundai Electric (6.72%), HD Hyundai Marine Solutions (2.35%), Kia (2.74%), Hankook Tire & Technology (2.61%), and Hyundai Mobis (1.97%) are also rising together. On the other hand, shipbuilding and defense stocks such as Hyundai Rotem (-4.24%), Hanwha Aerospace (-2.67%), Hanwha Systems (-2.44%), Hanwha Ocean (-2.74%), HD Hyundai Heavy Industries (-3.02%), and Samsung Heavy Industries (-2.66%) are declining.
By sector, automobiles (3.53%), electrical equipment (2.97%), auto parts (2.15%), and electrical products (1.45%) are rising, while shipbuilding (-1.98%), insurance (-1.96%), other capital goods (-1.23%), and trading companies (-1.03%) are showing weakness.
During the same period, the KOSDAQ fell 0.62 points (0.09%) to 719.60. The index started at 725.34, up 5.12 points (0.71%). While foreigners and institutions sold net amounts of 67.2 billion KRW and 23.8 billion KRW respectively, individuals were the sole net buyers with 92.4 billion KRW.
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Among the top market capitalization stocks, Naturecell (28.15%) was close to the daily limit. The company’s degenerative arthritis cell gene therapy 'Jointstem' has been designated as a breakthrough therapy by the U.S. Food and Drug Administration (FDA), leading to consecutive days of strong performance. In addition, HLB (5.40%), Daewoo Electronic Materials (4.91%), and Lunit (2.96%) saw their stock prices rise. Conversely, GemVax (-4.79%), PharmaResearch (-2.75%), Silicon2 (-2.47%), Joosung Engineering (-2%), and Kolon TissueGene (-1.92%) were on the decline.
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