KOSPI Surpasses 8,900 Points Early, Then Turns Lower

The KOSPI index surpassed 8,900 points in early trading but then turned downward.

On the 2nd, the KOSPI index is displayed on the status board in the dealing room of Hana Bank in Jung-gu, Seoul. Photo by Yonhap News.

On June 2, the KOSPI opened at 8,883.19, up 94.81 points (1.08%) from the previous trading day. During the session, it briefly exceeded 8,900 points. As of 9:10 a.m., the KOSPI had fallen by 2.76% to 8,545.50.

In early trading, individual investors and institutions recorded net purchases of 769.7 billion won and 396.6 billion won, respectively. Foreign investors posted a net sale of 1.1888 trillion won.

By sector, telecommunications (up 6.98%) and insurance (up 1.96%) advanced, while IT services (down 5.41%) and construction (down 5.10%) declined.

Among the top stocks by market capitalization, Samsung Electronics (up 3.87%) and LG Energy Solution (up 7.36%) rose, while SK hynix (down 1.40%), SK Square (down 1.75%), Hyundai Motor (down 3.07%), and Samsung Electro-Mechanics (down 9.13%) fell.

The KOSDAQ index began trading at 1,044.89, down 5.14 points (0.49%). Individual investors were net sellers of 156.5 billion won, while foreign investors and institutions recorded net purchases of 106.1 billion won and 48.4 billion won, respectively.

By sector, transportation equipment and parts (down 4.75%), metals (down 4.12%), construction (down 4.01%), and medical and precision devices (down 3.87%) all declined.

Among the top KOSDAQ stocks by market capitalization, EcoPro BM (up 1.21%) and EcoPro (up 2.30%) rose, while Alteogen (down 0.82%) and Rainbow Robotics (down 3.17%) fell.

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